EPIC RESEARCH MCX Silver UPDATE OF 12 November 2018

Posted by Commodity Updates by Epic Research on 12:09:00 with No comments

Silver trading range for the day is 36142-37974.

* Silver prices slumped as inflation data pointed to steady interest rate increases by the Federal Reserve.

* The central bank hiked U.S. interest rates three times this year and is widely expected to do so again in December.

* Meanwhile, weak economic global growth worried investors as producer prices in China fell for the fourth-straight month, raising more concerns that economy is struggling.

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