Sunday 20 April 2014

CAPITAL STROKE COMMODITY UPDATE 21 APRIL 2014 : MCX SILVER



Silver trading range for the day is 41967-42775.
Silver prices dropped after weekly U.S. jobless claims numbers and a regional factory report beat expectations.
Solid U.S. economic indicators released earlier bolstered the dollar and marred bullion's historical appeal as a hedge to a weaker greenback.

The Federal Reserve Bank of Philadelphia reported that its manufacturing index rose to 16.6 in April, the highest level since September.
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