EPIC RESEARCH MCX SILVER UPDATE OF 6 JUNE 2016

Posted by Farhan Khan on 11:34:00 with No comments
Silver trading range for the day is 38180-39740.
Silver rallied amid a broadly weaker dollar, as markets largely ruled out a summer interest rate hike from the Federal Reserve following a dismal U.S. jobs report.     
The U.S. Department said nonfarm payrolls in May rose by 38,000, less than a quarter of expectations for monthly job gains of 158,000.            
Meanwhile, the unemployment rate dropped by 0.2% to 4.7%, as an estimated 500,000 Americans left the workforce last month.


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