CAPITAL STROKE COMMODITY UPDATE 19 MARCH 2014: MCX SILVER

Silver trading range for the day is 44953-47043.

Silver dropped as investor sentiment improved following a speech by Russian President Vladimir Putin, but mixed U.S. data on housing and inflation continued to weigh.

But better-than-expected U.S. jobs and industrial output reports over the past week indicated the U.S. economy was improving after a winter slowdown.

Data showed the number of building permits issued in the U.S. rose to a four-month high in February, rebounding after a sharp drop in January.

U.S. housing starts fell 0.2% last month to hit a seasonally adjusted 907,000 units, disappointing expectations for an increase of 3.4%

For more details contact : 0731-3299704 or Visit: http://capitalstroke.com/