EPIC RESEARCH MCX Silver UPDATE OF 15 February 2019

Posted by Commodity Updates by Epic Research on 12:20:00 with No comments

Silver trading range for the day is 39109-39737.

* Silver prices ended with losses as investors’ appetite for risk assets improved following more positive news on the trade front.

* The U.S. central bank held rates steady in late January and promised to be “patient” in rate moves due to impending slowdown and uncertain trade backdrop.

* Several Fed officials have indicated that they will support a pause in interest rate hikes to assess its impact on the economy.

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