Silver Technicals

If MCX Silver for November trades below Rs 65,000, it could test the support zones at Rs 64,625-64,320 levels.

Silver breaks below 100-DMA as prices fall under Rs 65,000/kg; may see further dip

Technically, COMEX Silver December resistances are at $24.520 and $24.953. Supports are at $23.790 and $23.493, said Iyer.

Silver prices fall below Rs 66,000/kg on stronger rupee; weak global trend

Technically, MCX Silver December resistances are at Rs 66,700 and Rs 67,600. Supports are at Rs 65,700 and Rs 65,000, Iyer noted.

Silver prices near Rs 66,000/kg tracking firm trend in gold, industrial metals; faces resistance at Rs 66,300 level

Silver has been trading higher than the 5, 20, 50, and 100 days' simple moving averages but lower than 200-day moving averages on the daily chart.

Silver prices slide below Rs 65,500/kg as US Treasury yield, dollar rebound

The spot gold-silver ratio was at 73.66 to 1, indicating that silver had outperformed gold.

Silver shines brighter at Rs 64,500 a kg on positive trends in gold

The spot gold-silver ratio was at 74.25 to 1, indicating that silver had outperformed gold.

Silver hovers on Rs 64,000 riding on metals rally, weak dollar index

Buying for the short-term will be recommended for the metal and price sustained break above Rs 63,925 will lead the move towards Rs 65,780 and majorly it also has the potential to test Rs 70,000 mark, said Motilal Oswal's Jigar Dharamshi.

Silver price gives breakout above 50-day SMA and EMA to trade above Rs 63,000/kg

"Silver may witness choppy trade along with gold and industrial metals; however, we expect gold to benefit from rising global risks and this may result in dip-buying interest in silver as well," said Kotak Securities.

Silver moves above Rs 61,800 on sliding rupee, subdued trend in gold and dollar

The spot gold-silver ratio was at 77.97 to 1, indicating that gold outperformed silver

Silver eases to Rs 61,500 on weaker rupee, tepid gold

The white metal has been trading lower than the 50, 100, and 200-day simple and exponential moving averages but lower than the 5 and 20 days’ SMA and EMA on the daily chart.

Silver prices near Rs 61,000/kg ahead of US jobs data, tepid gold, dollar

The white metal has been trading lower than the 50, 100, and 200-day simple and exponential moving averages but lower than the 5 and 20 days’ SMA and EMA on the daily chart.

Silver prices soar above Rs 61,000 per kg on industrial demand, dollar downtick

The spot gold-silver ratio stands at 77.55 to 1, indicating that silver has outperformed gold.

Silver prices dip below Rs 60,500/kg as dollar strengthens

The US dollar index was up by 0.69 percent at 94.42 against the major currencies in the afternoon session.

Silver prices fall below Rs 60,800 a kg on firm dollar, weak gold

The spot gold-silver ratio was at 77.85 to 1, indicating that silver had outperformed gold.

Silver prices slip below Rs 60,500 per kg on subdued gold trend; traders add long positions

The momentum indicator Relative Strength Index was at 43.29, indicating a bearish trend in the price.

Silver prices climb back above Rs 59,600/kg on positive global cues

The momentum indicator Relative Strength Index (RSI) was at 39.56, indicating softness in the price.

Silver price breaches Rs 58,500/kg as dollar slips; support seen at Rs 57,000 level

Technically if LBMA Silver continues below $22.00 level the markets could continue its downside momentum up to $21.20-$20.50 levels, while resistance is at $21.80-$22.10 levels, said Iyer.

Silver prices slip near to Rs 60,000/kg on firm dollar, volatility in gold and industrial metals

Technically, if MCX Silver December continues to trade below Rs 60,300 level we could see the Bearish momentum continue up to Rs 59,900-59,000 levels whereas resistance is at Rs 60,800-61,200 levels, said Iyer.

Silver prices gain above Rs 60,000/kg on rupee downtick, short covering; trend remains weak

The white metal has been trading lower than the 5, 20, 50, 100 and 200-day simple moving averages and exponential moving averages on the daily chart.

Silver prices snap 4-day losing streak on recovery in industrial metals, firm gold and dollar downtick

The spot gold-silver ratio was at 78.33 to 1, indicating that silver had outperformed gold.

Silver prices flat at Rs 60,000/kg after last week selloff; bias remains weak

The white metal has been trading lower than the 5, 20, 50, 100 and 200-day simple moving averages and exponential moving averages on the daily chart.

Silver prices a tad low on subdued gold, volatility in dollar

The momentum indicator Relative Strength Index (RSI) is at 46.03, indicating a weakness in the price.

Silver sees a mild dip on subdued cues in gold, industrial metals; support seen at Rs 62,300

Technically, LBMA Silver is trading below $24 which could see sideways to marginal downside momentum to $23.30-$22.88

Silver prices slightly up on rupee depreciation, subdued trend in gold

The spot gold-silver ratio stands at 73.81 to 1, indicating that silver has outperformed gold.

Silver prices fall below Rs 65,000 per kg on weakness in industrial metal, gold rates

Technically, LBMA Silver above $24 level could see $25.10-25.44 levels while support is at $23.20-22.70 levels.