Nov 29, 2016 03:01 PM IST IST | Source: Moneycontrol.com
Silver to trade in 40071-41601 range: Achiievers Equities
According to Achiievers Equities, Silver gains as the dollar and long-dated U.S. Treasury bond yields retreated from recent highs.
Achiievers Equities report on Silver
Silver trading range for the day is 40071-41601.
Silver gains as the dollar and long-dated U.S. Treasury bond yields retreated from recent highs.
The euro zone recovery has withstood economic and political uncertainty and its recovery expected to continue, ECB President Mario Draghi said.
Hedge funds and money managers again cut their net long positions in COMEX silver contracts in the week to Nov. 22, U.S. CFTC data showed.
BUY SILVER DEC @ 40420 SL 40160 TGT 40700-41000. MCX
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