Moneycontrol
Jun 19, 2017 12:51 PM IST | Source: Moneycontrol.com

Silver to trade in 38180-38980: Achiievers Equities

According to Achiievers Equities, Silver prices dropped as safe haven demand remained subdued, despite a pair of disappointing U.S. economic reports raising concerns about economy.


Achiievers Equities' commodity report on Silver


Silver trading range for the day is 38180-38980.

Silver prices dropped as safe haven demand remained subdued, despite a pair of disappointing U.S. economic reports raising concerns about economy.

Fed’s Yellen and her colleagues laid out a plan to shrink the central bank’s massive $4.5 trillion balance sheet, one of its economy-spurring tools, starting this year.

The number of Americans filing for unemployment benefits fell more than expected last week, pointing to shrinking labor market.

SELL SILVER JUL 2017 @ 38700 SL 39000 TGT 38550-38240.MCX.

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