Moneycontrol
Mar 17, 2017 12:57 PM IST | Source: Moneycontrol.com

Silver to trade in 39682-40298 range: Achiievers Equities

According to Achiievers Equities,Silver traded in range due to uncertainty over the outcome of Dutch elections, while markets waited for clues on the pace of Fed interest rate hikes this year.


Achiievers Equities' commodity report on Silver


Silver trading range for the day is 39682-40298.


Silver traded in range due to uncertainty over the outcome of Dutch elections, while markets waited for clues on the pace of Fed interest rate hikes this year.


Fed said in its policy statement that further hikes would only be "gradual," with officials sticking to their outlook for two more rate hikes this year and three more in 2018.


The Labor Department said consumer prices rose 0.2% in February, while the Commerce Department said retail sales climbed 0.1%. BUY SILVER MAY 2017 @ 40280 SL 40000 TGT 40540-40780.MCX.


For all commodities report, click here


Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sections
Follow us on
Available On