Silver dipped by 2.86 percent on weak global cues
Silver prices fell by 2.86 per cent in futures trade today on emergence of selling by traders and speculators, following a weakening trend abroad. For full story, click here
Silver prices fell by 2.86 per cent in futures trade today on emergence of selling by traders and speculators, following a weakening trend abroad. For full story, click here
India silver futures are expected to remain subdued this month due to technical momentum subsides as well as heavy resistance on the upside. Pradeep Unni, a senior research analyst with Dubai-based Richcomm Global Services, said: The Relative Strength Index has reached the overbought zone and the momentum has also declined. For full story, click here
Silver futures for May delivery dipped 40 cents, or 3.1 percent, to $12.54 an ounce on the Comex, the lowest closing price for a most-active contract since Feb. 4. Silver still has gained 11 percent in 2009. For full story, click here
Silver prices today extended previous day gains in futures trading by adding 1.07 per cent on constant buying by traders in tandem with firming global market. For full story, click here
May silver futures closed up 19.5 cents at $12.91 an ounce yesterday. Prices closed near mid-range yesterday. The key outside markets were auspicious for silver yesterday–solidly surge in crude oil prices, a weaker U.S. dollar and a rebound in the U.S. stock market. Bulls have the overall near-term technical advantage. For full story, click here
Silver futures for May delivery declined 33 cents, or 2.5 percent, to $12.74 an ounce. For full story, click here
Silver prices jumped by 2.07 per cent in futures trading today in India on increased buying by trader in tandem with a good trend in the global market. For full story, click here
Silver prices declined further by 1.81 per cent in futures trading today on increased selling by traders in tandem with a weakening trend in the global market. For more information, click here
Silver futures for March delivery declined 45.5 cents, or 3.1 percent, to $13.995 an ounce. For full story, click here
Silver declined by 1.53 per cent in futures deals today as traders booked profits at prevailing higher levels amid a weakening trend in overseas markets. For more information, click here
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