MTECHTIPS:- Silver to trade in 39614-40084

MTECHTIPS:- Silver to trade in 39614-40084

MTECHTIPS-Silver trading range for the day is 39614-40084. Silver held steady as the dollar weakened after minutes from a US Fed suggested that the central bank could take a more cautious approach. Fed policymakers had agreed at the meeting that they should hold off from raising rates until it is clear that a recent U.S. economic slowdown. US Silver Eagle sales surged 140% in May, sales reached 2,005,000 so far in May compared to 835,000 in April. BUY SILVER JUL 2017 @ 39750 SL 39500 TGT 39980-40250. MCX.

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