Sunday 28 September 2014

CAPITAL STROKE COMMODITY UPDATE 29-SEP-2014 : MCX SILVER



Silver trading range for the day is 38634-39900.

Silver prices seen under pressure after upbeat U.S. growth sent both the dollar and U.S. stock indices rising.

The Commerce Department said U.S. gross domestic product expanded at an annual rate of 4.6% in the second quarter.

Holdings at ishares silver trust gained by 0.22% i.e. 23.86 tonnes to 10738.29 tonnes from 10738.29 tonnes.

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