EPIC RESEARCH MCX SILVER UPDATE OF 6 DECEMBER 2016

Silver trading range for the day is 40505-41841. Silver settled flat as the U.S. dollar rose on expectations that the U.S. Federal Reserve will raise interest rates at its policymaking meeting. U.S. services sector activity hit a one-year high in November, with a surge in production boosting hiring, further evidence of strength in the economy. Fed officials cautioned that the incoming Trump administration's economic plans should not be cast as if the economy is in crisis.

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