EPIC RESEARCH MCX SILVER UPDATE OF 2 JUNE 2016

Posted by Farhan Khan on 11:55:00 with No comments
Silver trading range for the day is 37993-39013.
Silver prices rose slightly as investors continued to assess the prospects of a rate hike as early as this month by the Federal Reserve.           
Stronger than expected manufacturing data in the U.S. potentially increased the likelihood that the Fed will raise interest rates when it meets next later this month.       
Data showed automobile sales rising last month from April, extending the recent flow of relatively strong data that suggested economic growth was regaining speed.


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