EPIC RESEARCH MCX Silver UPDATE OF 8 August 2018

Posted by Commodity Updates by Epic Research on 11:37:00 with No comments
Silver trading range for the day is 37648-38296.

* Silver prices settled flat as a weaker dollar boosted demand for the precious metal.

* Expectations that the Federal Reserve will push forward with rate hikes, with markets pricing in moves in both September and December, have supported the dollar.

* U.S. job openings held near record highs in June amid a modest decline in hiring, pointing to a further tightening of labour market conditions.


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