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Silver outperforming gold in Indian market despite slack demand

Posted on 11 February 2009

From Mineweb.com: India’s silver futures may tread higher this month tracking a bounce in base-metals complex and supported by a positive bias in gold, but weak demand for the industrial metal could limit the upside, analysts said.

“The trend looks convincingly strong at the current levels, but a close above the 20,600 (rupees) is a necessity to provide further upside momentum,” said Pradeep Unni, a senior research analyst with Dubai-based Richcomm Global Services….. Full Article: Source
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