MTECHTIPS SILVER

MTECHTIPS:-SILVER

As of early today the silver was trading lower on the back of Bernanke’s speech. Another reason for the drop in the prices of silver is because China has reported the lowest industrial activity in a while. With no renewed hopes of revival in Europe, the commodity is set to drop today as well. Outlook : with the import ban being enforced on Indian Banks, a little pressure might be created on demand for the commodity thereby providing it with some support. .