EPIC RESEARCH MCX Silver UPDATE OF 20 March 2019

Silver trading range for the day is 37756-38630.

Silver prices edged higher as investors looked ahead to a busy week likely to be dominated by the Federal Reserve's regular policy meeting.

EU’s trade surplus with the US and its deficit with China both increased in January, serving as potential fuel for trade conflicts between the world’s largest economies.

Market participants expect the central bank to keep its benchmark overnight interest rate unchanged and stick to its pledge of a "patient" approach to monetary policy.

Prime Minister Theresa May’s spokesman said that Britain’s parliamentary speaker did not forewarn the government about his statement.


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