(Time Zone: Arizona, USA)
Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities
International silver prices continued to trade lower this Tuesday morning an early afternoon trade in Asia, tracking the strength of the U.S. Dollar.
Technically, LBMA spot silver has pivotal support at $25.93 and a close below could witness a correction towards $25.50. Important resistance is at $26.50.
Domestic silver prices are trading weaker this Tuesday morning an early afternoon trade, tracking overseas markets.
Technically, MCX May silver futures has a pivotal support at Rs.66400 and a close below could witness a correction towards Rs.63650. Important resistances are at Rs.68950-70150.
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