EPIC RESEARCH MCX Silver UPDATE OF 26 November 2018

Posted by Commodity Updates by Epic Research on 11:05:00 with No comments

Silver trading range for the day is 35388-36836.

* Silver fell as the dollar regained momentum and an improvement in risk sentiment lifted stock markets in Europe, denting bullion's appeal.

* The dollar has been under pressure as cautious comments by Fed officials about a potential global slowdown raised doubts on the pace of interest rate hikes.

* Data showed weekly jobless claims rose to a more than four-month high and new orders for U.S.-made capital goods were unexpectedly flat in October.

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