EPIC RESEARCH MCX Silver UPDATE OF 10 October 2018

Silver trading range for the day is 38298-38950.

* Silver gained drawing some safe-haven bids from risk-averse investors amid worries over a potential slowdown in China’s economic growth.

* Prices also seen supported as dollar slipped against the yen on simmering anxiety about higher U.S. bond yields, the Sino-U.S. trade war and political turmoil in Europe.

* The Fed added a quarter point in the final week of September to bring rates to between 2.0% and 2.25% and indicated another increase in December.


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