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MTECHTIPS:-SILVER was down in Asian trade and easing geo political

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MTECHTIPS:-SILVER   was down  in Asian trade and easing  geo political Powered By Docstoc
					                SILVER




 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.



        WWW.MTECHTIPS.COM
          07489294118-119

				
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Description: MTECHTIPS:-SILVER 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. WWW.MTECHTIPS.COM 07489294118-119