Silver prices edged higher in early trade on Wednesday, November 19, staging a modest recovery after two consecutive sessions of weakness. Gold also posted slight gains, though both metals continued to move cautiously as expectations of a near-term US interest rate cut faded.

On MCX, December gold futures inched up by Rs 160, or 0.13%, to Rs 1,22,751 per 10 grams. Silver futures moved in tandem, rising Rs 700, or 0.45%, to Rs 1,55,344 per kilogram. Advertisement

With almost six weeks of limited economic data, markets are now focused on the delayed US jobs report due tomorrow, hoping it will offer clearer direction.

Amid this uncertain backdrop, a new outlook from Emkay Wealth Management has provided sharper clarity on silver’s trajectory. The firm expects the metal to regain momentum,

See Full Page