EPIC RESEARCH MCX SILVER UPDATE OF 25 JANUARY 2018

Silver trading range for the day is 38519-40369. Silver prices gains with a weaker dollar aiding buying for the greenback-denominated commodity with a backdrop of rising concerns about growing US protectionism in global trade. The dollar came under heavy selling pressure boosting demand, after Treasury Secretary Steven Mnuchin signalled his endorsement of a low dollar. Prices also seen supported amid growing fears of a US-China trade war fuelled a modest uptick in safe-haven demand.






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