(Time Zone: Arizona, USA)
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International silver prices are also trading marginally in the red this Monday early afternoon trade.
Technically, LBMA Silver Spot supports remain at $24.90 and $24.20. Resistances remain at $25.75 and $26.20. Markets could trade within the supports and resistances for the rest of session.
Domestic silver are trading marginally in the red this Monday early afternoon, tracking overseas prices. However, downside was capped as Rupee continued to depreciate against the Dollar.
Technically, MCX Silver May resistances remain at 67800 and 69000. Supports remain at 66200 and 65300.
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