India, Sept. 16 -- Technically Silver market is under long liquidation as market has witnessed drop in open interest by 0. 27% to settled at 16592 while prices remain unchanged 2 rupees.
Now MCX Silver is getting support at 68149 and below same could see a test of 67330 levels and resistance is now likely to be seen at 69837 a move above could see prices testing 70706.
Silver yesterday settled remain unchangeby 0% at 68967 extending recent gains thanks to a weak U.S. dollar ahead of the Federal Reserve's monetary policy.
Strong industrial production and retail sales data from China have triggered hopes of increased demand for metals from the world's second largest economy. The Federal Reserve is scheduled to announce its monetary policy ...