According to Achiievers Equities,Silver gains as signs of slowing economic activity in the U.S. saw investors temper expectations for more rate hikes by the Federal Reserve.
Achiievers Equities' commodity report on Silver
Silver trading range for the day is 38505-38895.
Silver gains as signs of slowing economic activity in the U.S. saw investors temper expectations for more rate hikes by the Federal Reserve.
The number of building permits issued fell 2.5% to a seasonally adjusted 1.229 million units last month from 1.260 million the month before.
Holdings at ishares silver trust gained by 0.42% i.e. 44.15 tonnes to 10649.70 tonnes from 10605.55 tonnes.BUY SILVER JUL 2017 @ 38750 SL 38550 TGT 38980-39350.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.