India, Sept. 14 -- Technically Silver market is under long liquidation as market has witnessed drop in open interest by 0. 76% to settled at 15756 while prices down 1063 rupees.
Now MCX Silver is getting support at 67501 and below same could see a test of 67074 levels and resistance is now likely to be seen at 68467 a move above could see prices testing 69006.
Silver yesterday settled down by 1.54% at 67928 as riskier assets such as equities look poised for a rebound of sorts after recent weakness.
The dollar's weakness and continued worries about coronavirus pandemic and pace of economic recovery appear to be limiting decline.
The European Central Bank (ECB) decided to keep its interest rates and coronavirus-stimulus program unchanged....