(Time Zone: Arizona, USA)
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International and domestic silver prices were trading in the green this early Thursday afternoon trade supported by safe haven and industrial demand for the metal and weak U.S. Dollar.
Technically, LBMA Silver Spot is sustaining above $23.00 levels from where prices could see upside push up to $23.80-$24.51 levels. However below $23.00 will continue its Bearish momentum up to $22.50-$21.00 levels.
Technically, MCX Silver March has bounced back from 61000 levels and could see 62300-63000 levels. Support is at 60300-59200 levels.
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