PRECIOUS METALS TIPS April 15, 2014
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reena sharma
Apr 15, 2014, 1:21:40 AM4/15/14
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DAILY BUZZ
SILVER
- Silver futures ended higher in the domestic market on Monday as investors and speculators booked fresh positions in the precious metal as mounting tensions between Russia and Ukraine boosted safe haven demand for the bullion.
- However, the gains in the bullion were trimmed amid speculation that the US Federal Reserve may continue to pare stimulus in the coming months after retail sales data signaled a pickup in the world’s biggest economy, dimming the appeal of silver, a hedge against the inflationary risk of monetary stimulus.
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