Dec 01, 2016 05:46 PM IST IST | Source: Moneycontrol.com
Silver to trade in range of 40426-41842: Achiievers Equities
According to Achiievers Equities, Silver prices slid as the dollar pushed higher after upbeat U.S. economic reports supported the case for higher interest rates.
Achiievers Equities report on Silver
Silver trading range for the day is 40426-41842.
Silver prices slid as the dollar pushed higher after upbeat U.S. economic reports supported the case for higher interest rates.
Demand for the dollar continued to be underpinned after solid U.S. economic reports fed into expectations for a December rate hike by the Federal Reserve.
U.S. third quarter growth was revised up to 3.2%, its strongest rate in two years, according to the Commerce Department.
BUY SILVER MAR @ 40550 SL BELOW 40200 TGT 40880-41200. MCX.
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