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Last Updated : Jun 09, 2017 08:19 AM IST | Source: Moneycontrol.com

Silver to trade in 38008-39518: Achiievers Equities

According to Achiievers Equities, Silver prices dropped as the dollar firmed on expectations of a U.S. interest rate increase in June.

Q1. Price of silver surged during World War 1. So they printed the note with a photo of the prevalent silver coin on it. Which financial entity is being discussed?
Q1. Price of silver surged during World War 1. So they printed the note with a photo of the prevalent silver coin on it. Which financial entity is being discussed?

Achiievers Equities' commodity report on Silver

Silver trading range for the day is 38008-39518.

Silver prices dropped as the dollar firmed on expectations of a U.S. interest rate increase in June.

The U.S. Federal Reserve may raise interest rates as early as June boosted the dollar.

The Fed kept interest rates unchanged and downplayed weak first-quarter economic growth while emphasizing the strength of the labor market.

SELL SILVER JUL 2017 @ 38900 SL 39200 TGT 38650-38400.MCX.

For all commodities report, click here

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First Published on May 4, 2017 11:56 am
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