EPIC RESEARCH MCX SILVER UPDATE OF 21 MAY 2018

Posted by Commodity Updates by Epic Research on 12:58:00 with No comments

Silver trading range for the day is 39966-40362.

Silver gains as a weaker dollar and falling U.S. Treasury yields bolstered demand for the precious metal.

A tightening U.S. labor market and mid-Atlantic factory activity picking up, bolstering expectations Fed will raise interest rates next month.

United States 10-Year turned negative, pressuring the dollar to give up some of its gains after hitting a fresh five-month high.


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