CLOSING COMMENTARY FOR AUG 31 MONDAY

Silver prices came down initially and re gained till

14.90$. Strong res level seen at 15$ and a close above

could be more positive. Selling may come around the res

levels and prices need to close above the res for

further bullish movemnt. No much movement seen .

Silver prices came down intially till its strong sup of

23800 and regained till 24100. Strong res seen around

24100 and a close above could take prices till 24400

levles. strong sup seen around 23800 - 23600.