Silver
yesterday closed with a gain of 311rs to settle at 58775 as PSI moves toward
the wanted percentage of the Greek government, stronger risk appetite send both
gold and silver prices higher. Final results of the Greek debt swap will come
out.
The
latest US non-farm payroll data will also be released today, which will greatly
influence directions of the dollar as well as gold and silver prices. Market sentiment
firmed up after reports that a number of major European financial institutions
had signed up to the bond swap deal, which is aimed at writing down 53.5% of
the country's EUR177bn debt. ...
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