EPIC RESEARCH MCX SILVER UPDATE OF 07 June 2018

Silver trading range for the day is 39526-40336.

Silver prices gained as the U.S. dollar fell as trade war concerns remained in focus.

The U.S. trade deficit fell to a seven-month low in April as exports rose to a record high, lifted by an increase in shipments of industrial materials.

Meanwhile EU announced retaliatory tariffs against the U.S. would go into effect in July, after President Trump went ahead with planned metal tariffs against key U.S. allies.

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