Tue, Sep 16, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Bullion/Gold more

Silver prices fall sharply in March as safe haven appeal falls

Posted on 04 April 2014

Spot silver prices rose declined around 7 percent last month, tracking weak cues from gold prices and base metals complex. In the Indian markets, silver prices declined by around 8 percent. The fall in Indian markets is due to rupee appreciation by around 3 percent.
Upbeat economic data from US, and UK and to some extent Eurozone signalled signs of growth in these economies in turn reducing the metals safe haven appeal. Additionally, upbeat market sentiments in coupled with fears of interest rate rise in the US earlier than expected acted as a negative factor………………………………Full Article: Source


 Article link

This post was written by:

VRS - who has written 36951 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930