Thursday, 3 July 2014

CAPITAL STROKE COMMODITY UPDATE 3 JULY 2014 : MCX SILVER

SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-48000 R1-46500 S1-43500 S2-42000  Silver gains after Fed Chair said that policy will remain accommodative despite an increase in appetite for risk in financial markets U.S. data on jobs, unemployment and trade in expected on Thursday, while the outcome of ECB policy meeting will also be announced. Holdings at ishares silver trust dropped by 0.04% i.e. 3.95 tonnes to 10038.52 tonnes from 10042.47 tonnes.
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