Silver - June 16, 2021 - Reliance Securities

Mr. Sriram Iyer, Senior Research Analyst at Reliance Securities

In other precious metals, international silver prices are higher on Wednesday early afternoon trade in Asia.

Technically, LBMA Silver below $28.00 will continue its bearish momentum and could see further downside movement up to $27.20-$26.70 levels. Resistance is at $28.10-$28.55 levels.

Domestic silver prices are trading higher on Wednesday early afternoon trade, tracking overseas prices.

Technically, MCX Silver July holds a support near 70800-69900 levels. Resistance is at 72000-73100 levels.

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Source : Equity Bulls

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