EPIC RESEARCH MCX Silver UPDATE OF 10 December 2018

Silver trading range for the day is 36900-38536.

Silver gained as the dollar slid following weaker-than-expected U.S. jobs data, which added to expectations the Fed may go slow on interest rate hikes next year.

Prices seen supported as the dollar has been under pressure as an inversion in part of the US yield curve raised a red flag for a potential recession.

U.S. job growth slowed in November and monthly wages increased less than expected, suggesting some moderation in economic activity.

The US trade deficit jumped to a 10-year high in October as soybean exports dropped further and imports of consumer goods rose to a record high.


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