EPIC RESEARCH MCX Silver UPDATE OF 14 December 2018

Silver trading range for the day is 38069-38665. # Silver prices dropped as the dollar rose and investors latched on to gains in global stocks.

* The number of Americans filing applications for jobless benefits tumbled to near a 49-year low last week, which could ease concerns about a slowdown in economy.

* Fed’s Powell’s comments that US interest rates are closing in on “neutral” levels were seen as an indication that policymakers may pause the programme in new year.


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