Last Updated :
January 09, 2012 14:50
Silver under pressure, MCX resistance at Rs.52500: IIFI
Silver prices settled with loss of 2.1% at US$28.7/ounce. Silver prices managed a high of US$29.5/ounce and a low of US$28.6/ounce.
On domestic front, MCX March Silver ended 1.7% lower at Rs51,868/kg. Prices made a high of Rs52,758/kg and a low of Rs51,548/kg.
Today, MCX March Silver is trading lower by 0.55% at Rs51,560/kg.
COMEX Silver (Mar)
Price indication: Prices have support at US$28.20/ounce and resistance at US$30.60/ ounce.
MCX Silver (Mar)
Price indication: Prices have support at Rs50,900/kg and resistance at Rs52,500/kg.
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NCDEX SILVERJUL2012 03 July 2012
contract was trading at
Rs 0 . What's your view on it?
