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Thread: silver price

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    Default silver price

    The silver managed to move towards the upside to hit the key resistance level at 12.87, this could be a significant sign for the upside wave in the upcoming days due to the pattern that it formed last week.

    The trading range for today will be between the key resistance at 12.95 and the key support at 12.50.

    The general trend is up as far as 12.25 remains intact targets now at 14.20 and 14.50, then at 15.00.
    Attached Thumbnails Attached Thumbnails silver.gif  

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    Default

    I find it surprising how small a value silver has compared to gold...gold being in the 600s+ and silver only in the double digits.

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    Default

    i think silver market is going to become more tight than gold market
    what u think guys?

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    Default

    Hope to hear more on silver forecast .... silver is like a hidden gem to me ... care to update more frequently ?

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    Silver future prices were up by 262 rupee to 35,438 rupee per kg today. the rise in silver prices was due to increased demand in spot market ahead of the festival season.

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    Default

    The Chicago Mercantile Exchange (CME), citing volatility concerns, jacked up margin requirements for all silver futures contracts -- and only for silver futures contracts, despite comparable or greater volatility in other markets. This lead to Silver prices falling by nearly 5% from its peak at $29. It is not easy to evaluate the consequences of this new margin requirements. Until the matter is settled by the markets by bulls and bears, it is better to stay away from this commodity.

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