MCX silver can rise in the short-term

The silver futures contract traded on the Multi Commodity Exchange (MCX) has breached above a key short-term resistance at Rs 35,000/kg. This break has now eased the downside pressure on the contract. It is currently trading at Rs 35,450. There is no immediate danger to see any sharp fall as long as the contract trades above Rs 35,000. Immediate resistance is at Rs 35,500....Read More