EPIC RESEARCH MCX SILVER UPDATE OF 17 OCTOBER 2017

Posted by aditi on 11:32:00 with No comments
Silver trading range for the day is 40099-40753.Silver prices traded in range as safe-haven demand remained steady amid ongoing geopolitical uncertainty and concerns over the pace of U.S. interest rate hikes.U.S. inflation came in cooler than expected, raising uncertainty about the pace of U.S. interest-rate hikes by the Federal Reserve.Federal Reserve Chair Janet Yellen appeared positive on the inflation outlook in the months reiterating her stance for continued gradual increases in interest rates.




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