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HomeNewsBusinessStocksSilver to trade in 42462-42990 range: Achiievers Equities

Silver to trade in 42462-42990 range: Achiievers Equities

According to Achiievers Equities, Silver dropped as traders anticipated new clues on the likelihood of a March U.S. interest rate hike with the minutes from FOMC in focus.

February 23, 2017 / 12:52 IST

Achiievers Equities' report on Silver

Silver trading range for the day is 42462-42990.  

Silver dropped as traders anticipated new clues on the likelihood of a March U.S. interest rate hike with the minutes from FOMC in focus.  

Many Fed policymakers said it may be appropriate to raise interest rates again "fairly soon" should jobs and inflation data come in line with expectations.  

The minutes showed the depth of uncertainty at the Fed over the lack of clarity on the new Trump administration's economic programme.  

SELL SILVER MAR 2017 @ 43000 SL 43240 TGT 42780-42560.MCX. 

For all commodities report, click here
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first published: Feb 23, 2017 12:52 pm

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