Moneycontrol
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


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.

For all commodities report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Sections
Follow us on
Available On