EPIC RESEARCH MCX SILVER UPDATE OF 19 DECEMBER 2016

Posted by aditi on 11:22:00 with No comments
Silver trading range for the day is 38867-40337. Silver gained on short covering after prices dropped in previous session due to the higher dollar after the U.S. Federal Reserve meet Fed Concluded Its Policy Meeting by raising interest rates by 25 basis points and projected three more rate hikes for 2017. Holdings at ishares silver trust gained by 0.39% i.e. 41.29 tonnes to 10575.83 tonnes from 10534.54 tonnes.



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