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| Silver |
From last few days, it has been observe that Silver continues to attract huge speculative interest in international market.
Silver May delivery contract rose by 3.89 percent to 73600 rupees in first hour of trading session. Silver prices are so much volatile this morning that after touching 73600 rupees price drop till 71600 rupees in second hour.
Silver looks steady at 1:30 PM around 72,500 rupees. Immediate support for Silver stays at 71800 rupees and resistance is there at 73500 rupees.
According to Amrita Mashar, analyst with Commodity Online, Silver breached a new record high of 73000 level amid pick up in domestic and international demand. Demand expected to remain robust for coming months.
