EPIC RESEARCH MCX Silver UPDATE OF 15 November 2018

Posted by Commodity Updates by Epic Research on 12:02:00 with No comments

Silver trading range for the day is 35851-36863.

* Silver settles higher after recent downdraft, with inflation data, dollar action in focus

* Fed Chair Powell said the introduction of press conferences after every Federal Reserve meeting next year means all meetings are now “live” for possible rate increases.

* U.S. consumer prices increased by the most in nine months in October amid gains in the cost of gasoline and rents, pointing to steadily rising inflation

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