MUMBAI (Commodity Online): MCX Silver December is trading up 0.33% on Wednesday morning trade at Rs 53433 after opening at Rs 53450
COMEX silver December is trading at $32.11/ounce, up 0.11%
Support for MCX silver December is seen at Rs 51960 and Rs 52620 while Resistance is expected at Rs 53750 and RS 54240
-US manufacturing index tracked by the Institute of Supply management rose in September after falling in August to its lowest levels since July 2009. US payroll data for September has been positive indicating more jobs and payroll in the economy.
-European Central Bank President Trichet yesterday warned that the debt contagion has become systemic and would require concrete action to ward of the possibility of an economic meltdown.
