EPIC RESEARCH MCX SILVER UPDATE OF 12 June 2018

Silver trading range for the day is 40258-41086.

Silver prices remained supported as investors were uncertain whether the U.S. central bank would signal a tighter future monetary policy at a meeting.

With no major U.S. economic reports, market participants were busy digesting the increased trade tensions that came out of the G7 summit over the weekend.

The Fed’s two-day meeting will kick off with almost certain to raise interest rates by a quarter point for a second time this year.

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