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Last Updated : January 11, 2012 15:05
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Silver rises, MCX silver resistance at Rs.53700: IIFI

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Silver prices settled with healthy gains of 3.6% at US$29.8/ounce. Silver prices managed a high of US$30.2/ounce and a low of US$28.9/ounce.


On domestic front, MCX March Silver ended 1.6% higher at Rs52,566/kg. Prices made a high of Rs53,019/kg and a low of Rs51,755/kg. Today, MCX March Silver is trading higher by 0.22% at Rs52,680/kg.


COMEX Silver (Mar)


Price indication: Prices have support at US$29.50/ounce and resistance at US$31.10/ounce.


MCX Silver (Mar)


Price indication: Prices have support at Rs52,200/kg and resistance at Rs53,700/kg.


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MCX Light Sweet Crude Oil 19 June 2012 contract was trading at Rs 5241 , up Rs. 233 . What's your view on it?
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