EPIC RESEARCH MCX SILVER UPDATE OF 24 MAY 2018

Posted by Commodity Updates by Epic Research on 12:42:00 with No comments

Silver trading range for the day is 39872-40890.

Silver dropped but losses were limited as rising geopolitical uncertainty triggered demand for safe-haven assets.

Signs of US-China trade tensions saw traders pile into prices, helping the metal steady from a heavy selloff last week despite a strong uptick in the dollar.

ECB can still end its bond buying program later this year, even as fresh data cast further doubt on the health of the euro zone economy.

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