EPIC RESEARCH MCX SILVER UPDATE OF 12 OCTOBER 2017

Silver trading range for the day is 39951-40397.Silver prices were lower as investors awaited the minutes of the Fed’s policy meeting, which were expected to reinforce expectations for a December rate hike.Heightened geopolitical tensions in North Korea and Spain since the start of the week had also underpinned safe haven demand for the precious metal. Fed’s Williams said he expects the U.S. central bank to raise interest rates later this year, three times next year, and a little bit further in 2019.

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