EPIC RESEARCH MCX SILVER UPDATE OF 12 FEBRUARY 2018

Silver trading range for the day is 37238-38182. Silver dropped as investors eyed volatility in global stocks and a leading dollar index aimed for its best weekly performance in more than a year. The global market selloff, and bets that US could see at least three interest rate hikes in 2018 due to improving U.S. fundamentals have propelled the U.S. dollar.US wholesale inventories rose 0.4% in the final December reading, up from 0.2% in the preliminary reading, while expecting a 0.2% rise with no change.




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