EPIC RESEARCH MCX SILVER UPDATE OF 8 JUNE 2016

Silver trading range for the day is 38469-39503.
Silver dropped as investors continued to react to abstruse comments from Federal Reserve chair Janet Yellen on the strength of the global economy          Fed’s Yellen provided a largely upbeat assessment of the U.S. economic outlook and said interest rate hikes are coming but gave little sense of when.  
Holdings at ishares silver trust gained by 0.42% i.e. 44.36 tonnes to 10535.54 tonnes from 10491.18 tonnes.

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