EPIC RESEARCH MCX SILVER UPDATE OF 11 JANUARY 2018

Silver trading range for the day is 38453-39569.Silver gained s sentiment on the U.S. dollar weakened ahead of retail sales and inflation reports due at the end of the week.Market participants were now focusing on the release of U.S. inflation data due on Friday, for clues on the potential pace of rate hikes by the Federal Reserve.Fed’s Williams said on Saturday that the Fed should raise interest rates three times this year given that economy will benefit from tax cuts.

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