EPIC RESEARCH MCX SILVER UPDATE OF 16 OCTOBER 2017

Silver trading range for the day is 40020-40668.Silver gained supported by a dip in the dollar following inflation data that fell short of expectations sparking uncertainty about the outlook for tighter monetary policy. The Labor Department said its Consumer Price Index rose 0.5% last month after advancing 0.4% in August.Also supporting prices was an uptick in geopolitical uncertainty after North Korea issued fresh threats to attack the U.S. military base at Guam.


For MCX TIPS ✆ – 0731-6642300




Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+