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

Silver to trade in 39976-41546 range: Achiievers Equities

According to Achiievers Equities, Silver gained amid a slump in dollar, as investors mulled over the Fed’s more dovish than expected statement on the pace of rate hikes this year.


Achiievers Equities' commodity report on Silver

Silver trading range for the day is 39976-41546.

Silver gained amid a slump in dollar, as investors mulled over the Fed’s more dovish than expected statement on the pace of rate hikes this year.

U.S. homebuilding jumped in February as unseasonably warm weather boosted the construction of single-family houses to near a 9-1/2-year high.

Fed’s Yellen fielded a raft of questions concerning the Fed’s decision to raise rates; future monetary policy decisions and the current as well as future prospects of the economy.

BUY SILVER MAY 2017 @ 40400 SL 40050 TGT 40680-40980.MCX.

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