EPIC RESEARCH MCX Silver UPDATE OF 01 October 2018

Posted by Commodity Updates by Epic Research on 11:36:00 with No comments


Silver trading range for the day is 37111-39367.

* Silver prices rallied tracking firmness in crude oil and base metals prices despite the U.S. Federal Reserve reaffirmed its plans to continue to raise interest rates.

* The outlook for the U.S. economy appears bright but there are three key risks, one of the most influential Federal Reserve policymakers said.

* U.S. consumer spending increased steadily in August, supporting expectations of solid economic growth in the third quarter.

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