Tuesday 15 April 2014

CAPITAL STROKE COMMODITY UPDATE 15 APRIL 2014 : MCX SILVER



Silver trading range for the day is 42570-43694.
Silver gained as geopolitical tensions in Ukraine escalated and bolstered safe-haven appeal, offsetting the otherwise bearish effects of solid U.S. retail sales.
Solid data in the U.S. took a back seat to Ukraine-related unease.

The Commerce Department reported that U.S. retail sales rose 1.1% in March, exceeding expectations for a 0.8% gain.

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1 comments :

  1. BASE METAL WRAP: Industrial metals fell on Tuesday as investors sold risky assets on worries about demand in top consumer China and on concern about tensions in Ukraine.

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