Silver rises, MCX silver resistance at Rs.53810
Silver under pressure, MCX resistance at Rs.52760
MCX Silver weakens, resistance at Rs.53240-53343
Silver is in demand more and more as manufacturing and raw silver are needed, increases its level something that was previously held back by economic strain. Silver is on par to keep up rises due to upturn of the economy as well as ongoing investors driving up the price of gold. Silver could very easily surpass previous year’s high of $50 an ounce in the near future through improved investments and an economic rebound in the leading countries.
Silver under pressure, MCX resistance at Rs.52760
MCX Silver weakens, resistance at Rs.53240-53343
Silver is in demand more and more as manufacturing and raw silver are needed, increases its level something that was previously held back by economic strain. Silver is on par to keep up rises due to upturn of the economy as well as ongoing investors driving up the price of gold. Silver could very easily surpass previous year’s high of $50 an ounce in the near future through improved investments and an economic rebound in the leading countries.
