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Silver Market Recap Report
Fri 08 Mar 2013 16:36:00 CT
Related Keywords: Metals
Related Keywords: Metals
The silver market also forged a rather wide trading range today and unfortunately for the bull camp most of that range action favored the downside tilt. Silver was partially disappointed with the softer than expected Chinese numbers and it is also likely that part of the declines today were in effect a reversal of the gains forged in the prior two trading sessions. Eventually slow data might become supportive of silver but in the short term, the hope of additional easing hasn't been able to underpin prices.
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*Disclaimer: The information in the Market Commentaries was obtained from sources believed to be reliable, but we do not guarantee its accuracy. Neither the information nor any opinion expressed therein constitutes a solicitation of the purchase or sale of any futures or options contracts.
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