MCX Silver rises on MENA unrest

Silver prices are rising continuously, spurred by a threat of a downgrade of the United States' triple-A credit rating.
The gold silver ratio reached lowest since 1983 which made silver a cheaper investment than gold.
The inflation amid rising crude prices and weaker dollar is supporting prices. We expect bullish sentiment to continue in silver. Mena unrest may further boost metal.
The steady physical market in Asia and consistent rise of holdings in the world's largest silver-backed exchange-traded fund, indicate intact investor's interest in metal.
The further weakening dollar and persistent crisis in Middle East may support metal where as the profit booking at higher level may cap gains.
Courtesy: Religare Commodities
(Source: http://www.commodityonline.com/futures-trading/technical/MCX-Silver-rises-on-MENA-unrest-23353.html)