EPIC RESEARCH MCX Silver UPDATE OF 14 September 2018

Posted by Commodity Updates by Epic Research on 12:22:00 with No comments
Silver trading range for the day is 36797-37517.

* Silver dropped shrugging off a weaker dollar as President Donald Trump's remarks on trade knocked investor optimism on U.S.-China relations.

* The U.S. central bank is widely anticipated to raise the benchmark interest rate at its September meeting and expectations are growing for one more hike in December.

* The US producer price index (PPI) for final demand fell unexpectedly by 0.1% in August, seasonally adjusted, the US Department of Labor reported.

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