EPIC RESEARCH MCX Silver UPDATE OF 18 January 2019

Posted by Commodity Updates by Epic Research on 10:55:00 with No comments

Silver trading range for the day is 39095-39883.

* Silver dropped on profit booking after prices seen supported on concerns surrounding a U.S. government logjam and Brexit.

* European Central Bank President Mario Draghi said that recent economic developments have been weaker than expected and further monetary stimulus was needed.

* Prices for US imports declined 1% in December, the Bureau of Labor Statistics said, after a drop of 1.9% in November.

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