EPIC RESEARCH MCX SILVER UPDATE OF 6 MAY 2016
Posted by Unknown on 11:23:00 with No comments
Silver trading range for the day is 40694-42206.Silver settled ended with losses as pressure seen from the firm U.S. dollar ahead of Friday's U.S. payrolls report
Silver demand hit a record high last year as increased buying by the coin and bar, jewellery and photovoltaic sectors offset weakness in industrial demand.
Holdings at ishares silver trust dropped by 0.34% i.e. 35.50 tonnes to 10454.50 tonnes from 10490.00 tonnes.
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