Feb 17, 2017 02:26 PM IST | Source: Moneycontrol.com
Silver to trade in 42456-43408 range: Achiievers Equities
According to Achiievers Equities, Silver rose as the dollar weakened and investors took the opportunity to buy as a hedge against political uncertainty in US and Europe.
Achiievers Equities' report on Silver
Silver trading range for the day is 42456-43408.
Silver rose as the dollar weakened and investors took the opportunity to buy as a hedge against political uncertainty in US and Europe.
Jitters ahead of an upcoming G20 foreign ministers’ meeting – the first to be attended by members of the Trump administration – may have encouraged a cautious disposition.
The number of people who filed for unemployment assistance in the U.S. last week rose by a less-than-expected 5,000 to 239,000 last week.
BUY SILVER MAR 2017 @ 42950 SL 42700 TGT 43180-43350.MCX.
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