EPIC RESEARCH MCX SILVER UPDATE OF 14 JULY 2016
Posted by Unknown on 11:55:00 with No comments
Silver trading range for the day is
47143-48443.
Silver pushed higher bouncing off a two-week low hit overnight, as investors assessed the possibility of more monetary easing by global central banks.
Silver surged as fears surrounding global growth in wake of Britain’s vote to exit the European Union sent investors flooding into safe haven assets. Accommodative monetary policies favour bullion as well as equities because low interest rates encourage investors to opt for assets that do not rely on interest yields.
Silver pushed higher bouncing off a two-week low hit overnight, as investors assessed the possibility of more monetary easing by global central banks.
Silver surged as fears surrounding global growth in wake of Britain’s vote to exit the European Union sent investors flooding into safe haven assets. Accommodative monetary policies favour bullion as well as equities because low interest rates encourage investors to opt for assets that do not rely on interest yields.
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