EPIC RESEARCH MCX SILVER UPDATE OF 23 AUGUST 2016

Posted by Anmol Shah on 10:55:00 with No comments
Silver trading range for the day is 43889-45571. Silver dropped as the dollar strengthened after comments from U.S. Federal Reserve officials increased bets on a U.S. rate hike this year. Fed’s Williams said last week that he would like to see another rate increase "sooner rather than later." Holdings at ishares silver trust gained by 0.94% i.e. 103.40 tonnes to 11159.74 tonnes from 11056.34 tonnes.
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