
PROFIT TAKING OPPORTUNITY IN SILVER – IN INDIA PHYSICAL SILVER TRADING AT A DISCOUNT
By Nigam Arora & Dr. Natasha Arora Signal(s) to enter, add, reduce, exit, hold or change. Nice Profits There are nice profits on silver ETF SLV. India Physical silver often trades at a premium to futures. However, in India, physical silver has now switched to trading at a discount. It is a culture among Indian women to accumulate gold and silver ornaments. Gold and silver ornaments are also the preferred gifts at weddings, childbirth, etc. Physical Demand The foregoing is an indication that physical demand is weakening. Tactical Position If you are holding a tactical position, consider taking partial profits. Please see