Mar 08, 2017 01:54 PM IST | Source: Moneycontrol.com
Silver to trade in 41515-42689 range: Achiievers Equities
According to Achiievers Equities,Silver dropped amid growing expectations among traders that the Federal Reserve will raise interest rates at its March policy meeting next week.
Achiievers Equities' report on Silver
Silver trading range for the day is 41515-42689.
Silver dropped amid growing expectations among traders that the Federal Reserve will raise interest rates at its March policy meeting next week.
The U.S. economy is on track to grow at a 1.3 percent annualized pace in the first quarter following the latest data on domestic vehicle sales and factory orders.
Investors are now awaiting non-farm payrolls data for February on Friday, seen as a key barometer of the U.S. economy.
SELL SILVER MAY 2017 @ 42100 SL 42450 TGT 41850-41600.MCX.
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