EPIC RESEARCH MCX SILVER UPDATE OF 14 MAY 2018
Posted by Commodity Updates by Epic Research on 12:40:00 with No comments
Silver trading range for the day is 40170-40896.
Silver prices ended with weekly gains as dollar weakness continued following a recent bout of softer inflation data.
Weaker inflation data seen earlier in the week continued to drive direction, prompting traders to scale back their expectations for a faster pace of Federal Reserve rate hikes.
US data showed import prices rose 0.3% in April, compared to a 0.2% dip in March, and missing forecasts of a 0.5% rise.
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