Nov 30, 2016 12:46 PM IST IST | Source: Moneycontrol.com

Silver to trade in 39565-41087 range: Achiievers Equities

According to Achiievers Equities, Silver prices gained tracking firmness in base metals prices after prices remained under pressure along with gold.


Achiievers Equities report on Silver

Silver

Silver trading range for the day is 39565-41087.

Silver prices gained tracking firmness in base metals prices after prices remained under pressure along with gold.

FOMC’s minutes from its November meeting had little surprises as expectations of a December 14 US rate hike remains intact in markets.

Holdings at ishares silver trust dropped by 0.27 i.e. 29.50 tonnes to 10766.50 tonnes from 10796.00 tonnes.

BUY SILVER DEC ABV 40620 SL BELOW 40460 TGT 40900-41200. MCX.

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