EPIC RESEARCH MCX SILVER UPDATE OF 23 MAY 2018

Silver trading range for the day is 39969-41003.

Silver prices gained as the dollar lost momentum after a rally sparked by rising U.S. bond yields and the prospect of a resolution to U.S.-China trade tensions.

Demand for industrial metal silver rose after China said it would cut import duties on passenger cars and parts from July 1

Donald Trump said there was a "substantial chance" his summit with North Korean leader Kim Jong Un will not take place as planned on June 12.

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