Silver Tips
Gold Up High on Political Risks
Gold Silver Reports — Gold rose to its highest in seven weeks on Tuesday as weak economic data in the United States reduced expectations of rapid U.S. interest rate rises this year, pushing the dollar to a seven month-low and lowering U.S. bond yields.
Silver MCX Down Side Support Key 39280
Gold Silver Reports — Technically Silver market is under short covering as market has witnessed drop in open interest by -6.29% to settled at 17070 while prices up 763 rupees.
Fresh Buying Start in Silver MCX Support Key 37700
Gold Silver Reports — Technically Silver market is under fresh buying and getting support Key level at 37700 and below same could see a test of 37510 level, And resistance is now likely to be seen at 38280, a move above could see prices testing 38657.
Silver MCX Strong Support Key Between 37300—39700
Gold Silver Reports — Silver on MCX settled down -1.35% at 38052 adding to overnight losses after the Federal Reserve left the door open to raising interest rates in June.
Silver MCX Strong Support Key Level at 37700
Gold Silver Reports — Technically Silver market is under fresh selling as market has witnessed gain in open interest by 8.79% to settled at 19400 while prices down 492 rupees~.