EPIC RESEARCH MCX SILVER UPDATE OF 1 SEPTEMBER 2016

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Silver trading range for the day is 44341-45573. Silver settled flat as upbeat U.S. employment data added to speculation that the Federal Reserve is gearing up to hike interest rates as soon as next month. Boston Fed President Eric Rosengren said the Fed should consider that quicker interest rate rises over time could stave off risks to the economy. Holdings at ishares silver trust gained by 0.53% i.e. 59.08 tonnes to 11189.28 tonnes from 11130.20 tonnes.For more Accurate COMMODITY TIPS ✆ – 0731-6642300

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