Silver was down in Asian trade and easing geo political tensions as safe-haven buying cooled on easing fears of imminent military action by Russia in Ukraine. Weak Industrial activity from China will decreased the industrial demand for silver. Euro zone industrial activity is picking up which will provide support to silver prices. Ishares silver the world’s largest silver backed ETF holdings re- mained unchanged at 10164 tons as on Friday. Outlook : Silver prices are expected to trade with negative bias & later take cues from economic data.