ZOID RESEARCH 7-APR-2014 : SILVER

Taking cues from marginal gains in gold prices, even international silver prices gained marginally by around 0.61 percent in the last week. Profit booking at higher levels, and waning interest in the white metal is acting as a negative factor for silver prices. Strength in the dollar index on account of good economic data sets from US is exerting downside pressure on prices. On the other hand, strength in the base metal complex cushioned prices.

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