Wednesday, 3 September 2014

CAPITAL STROKE UPDATE 3-September-2014: MCX SILVER





SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-45000 R1-43500 S1-40500
S2-39000

Silver prices ended with losses after an upbeat U.S. manufacturing report fueled demand for the U.S. dollar.

Data showed that U.S. manufacturing activity hit a nearly 3-1/2-year high last month and construction spending rebounded strongly in July

Holdings at ishares silver trust gained by 0.58% i.e. 59.67 tonnes to 10371.35 tonnes from 10311.68 tonnes.

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