EPIC RESEARCH MCX Silver UPDATE OF 31 December 2018

Posted by Commodity Updates by Epic Research on 11:28:00 with No comments

Silver trading range for the day is 38431-39017.

* Silver prices edged up as the safe-haven asset was supported by worries over economic growth and renewed China-U.S. tensions.

* A darkening outlook for global economic growth, a simmering trade war, as well as Brexit-linked uncertainty, may trigger renewed risk aversion.

* Meanwhile, a measure of U.S. consumer confidence posted its sharpest decline in more than three years in December.

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