Sunday 27 July 2014

CAPITAL STROKE UPDATE 28-July-2014 : MCX SILVER



SILVER STRATEGY: - CONSOLIDATE STRATEGY BUY ON DIP R2-47000 R1-45500 S1-42000 S2-40500
Silver prices ended with gains as investors stepped in to scoop up the metal amid conflicts in Ukraine and the Middle East.

Prices dropped on weekly basis mostly on speculation that an improving employment sector in US could signal an early rate increase by Fed.

Holdings at ishares silver trust gained by 0.25% i.e. 25.37 tonnes to 10014.63 tonnes from 9989.26 tonnes.

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