EPIC RESEARCH MCX Silver UPDATE OF 26 March 2019

Silver trading range for the day is 38251-38793.

Silver prices gained as recession fear sparked safe-haven demand.

The spread between 3-month Treasury bills and 10-year note yields inverted for the first time since 2007 after U.S. manufacturing data missed estimates.

Investors grappled with an inverted US Treasury yield curve and another round of disappointing economic data in the eurozone that weighed on the euro.

US home sales increased by 11.8% in February, as accelerating wages and falling mortgage rates improved affordability.


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