Thursday, 4 September 2014

CAPITAL STROKE UPDATE 4-September-2014: MCX SILVER



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

Silver prices ended with small losses as brighter prospects for the U.S. economy continues to weighed despite of the Ukraine crisis

Prices seen pressure by more encouraging economic news including rising new orders for U.S. factory goods and latest Beige Book report on business activities.

Investors were waiting for a ECB meeting later in the day to see whether it will deliver a fresh round of policy stimulus.

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