EPIC RESEARCH MCX SILVER UPDATE OF 17 July 2018

Posted by Commodity Updates by Epic Research on 15:28:00 with No comments

Silver trading range for the day is 38742-39388.

* Silver traded in range amid expectations that higher U.S. interest rates would continue to support an uptick in the dollar, weighing on demand.

* The precious metal was under pressure in recent weeks by investors’ favour of the dollar over gold surrounding the impact of a U.S.-China trade war.

* Continued trade war concerns and a strong U.S. inflation report were cited as tailwind for the dollar last week.

Subscribe now for best Stock Report
US Stock Market News
For quick free trial click here > 911 133 9000

Connect with our social media sites

FacebookTwitterYouTubePinterestLinkedinGoogle+