EPIC RESEARCH MCX SILVER UPDATE OF 21 JUNE 2016

Silver trading range for the day is 40828-42464.
Silver rallied tracking firmness in base metals and crude oil prices, after earlier investors turned their focus to riskier assets amid reducing fears that Britain will leave EU.    
Brexit could have "moderate direct effects" on U.S. economy, but probably does not pose big financial risks, Fed’s Neel Kashkari said.  
Prior to the Brexit referendum, Fed’s Yellen’s monetary policy testimony in Congress on Tuesday and Wednesday will attract the markets’ attention.

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