EPIC RESEARCH MCX SILVER UPDATE OF 18 June 2018

Posted by Commodity Updates by Epic Research on 13:46:00 with No comments

Silver trading range for the day is 39122-42236.

Silver ended with heavy losses as investors reacted to U.S. tariffs on China and a selloff in oil.

Investors are growing increasingly concerned that the intensifying trade conflict with China will hurt that nation’s economy and slow global growth.

The IMF said that Trump’s new tariffs threatened to undermine the global trading system, would prompt retaliation by other countries and damaged the U.S. economy.

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