Silver - April 5, 2021 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

International silver prices are trading marginally in the red this Monday morning and early afternoon trade in Asia as the Dollar continues to gain this Monday morning and early afternoon trade.

Technically, LBMA Silver Spot remained near the pivotal level at $24.75 levels and a sustained trade above could push prices back up to $25.65-$26.00 levels.

Domestic silver prices are trading marginally weaker this Monday morning in Asian trade, tracking weak overseas prices.

Technically, MCX Silver May are below 65900 which could witness a retest of support level at 63900. Resistance is at 67000.

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Source : Equity Bulls

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