Silver price is likely to remain steady trading around USD 55 per troy ounce level until December this year, as turmoil in the global trade and lack of steadiness in other investment avenues fuel the chase for safe-haven assets, said Arun Misra, CEO of Vedanta group firm Hindustan Zinc Ltd (HZL).

The company is among the top five primary producers of silver globally and the country's biggest producer of the white metal.

''...I had predicted 46 dollars per troy ounce by January, but that has been outsmarted and we have already crossed that milestone and the predictions are it can be anywhere between 50 to 55 dollars per troy ounce by December, and it will remain steady at that for considerable time,'' Misra told PTI in an interview.

In the international market, silver price hit a record

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