EPIC RESEARCH MCX Silver UPDATE OF 22 January 2019

Silver trading range for the day is 38549-39393.

Silver prices dropped as investors awaited further news on trade talks for signs of a resolution in the U.S.-China dispute.

The U.S. dollar got a lift from investors taking on more risk due to growing hopes for a resolution in the China-U.S. trade war.

Reported said U.S. Treasury Secretary Steven Mnuchin was considering lifting some tariffs imposed on Chinese imports.

Meanwhile, concerns over the economic impact of the U.S. government shutdown and uncertainty over Brexit will also remain in focus.


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