EPIC RESEARCH MCX SILVER UPDATE OF 15 SEPTEMBER 2017

Silver trading range for the day is 40655-41429.Silver gains after the dollar came under pressure but gains were capped as data showed the pace of U.S. consumer prices hit a 7-month high in August.Inflation and jobs data topping expectations pointing to an improving U.S. economy which could influence Fed to stick to its plan to hike rates one more time this year.
The U.S. Department of Labor reported that initial jobless claims decreased by 14,000 to 284,000 in the week ended Sept. 10, confounding forecasts of a 2,000 increase.



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