MTECHTIPS;- Silver to trade in 37940-38554

MTECHTIPS;- Silver to trade in 37940-38554

MTECHTIPS-Silver trading range for the day is 37940-38554. Silver prices fell as investors looked ahead to a busy week of Federal Reserve speakers for more clues on future monetary policy moves. Last week, the Fed raised interest rates as widely expected and maintained plans to go ahead with another rate hike by year-end. Despite Fed’s meet, market players remained doubtful over the central bank’s ability to raise rates as much as it would like before the end of the year. SELL SILVER JUL 2017 @ 38500 SL 38750 TGT 38150-37950. MCX.

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