Monday 16 June 2014

CAPITAL STROKE UPDATE 17-June-2014 : MCX SILVER



SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45500 R1-44000 S1-40000 S2-38500

Silver prices traded near a three-week high as ongoing concerns over violence in Iraq supported demand for safe-haven assets.
Markets players continued to monitor developments in Iraq, where the conflict continued over the weekend.

Holdings at ishares silver trust dropped by 0.58% i.e. 59.74 tonnes to 10261.98 tonnes from 10321.72 tonnes.

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