EPIC RESEARCH MCX SILVER UPDATE OF 12 MAY 2016

Posted by Farhan Khan on 12:04:00 with No comments
Silver trading range for the day is 40389-42289.
Silver gained as the dollar eased off two-week highs from the previous session in quiet trade, while investors continued to await a controversial Brexit vote in late-June             
Prices were supported largely by expectations that the next U.S. interest rate increase will only happen later in the year.              
Investors continued to digest comments from Federal Reserve Bank of New York president William Dudley a session earlier on the strength of the dollar.

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