MCX
Silver prices gained by 0.1 percent due to depreciation of Indian
rupee. MCX Silver touched intraday high of 53620/kg yesterday.
Experts believes that MCX Silver prices will get further support
upside due to depreciation in the Indian rupee. Spot Silver prices
declined by 0.3 percent yesterday due to strength in DX and also
weakness in spot gold prices. The Silver touched intraday low of
$27.70 and settled at 27.99 in yesterday's trading session.
MCX
Silver (Sep) Levels For Today -
Support
– 53200, 53000
Resistance
– 53600, 53800
Spot
Silver -
Support
– 28.05, 27.90
Resistance
– 28.25, 28.40
