EPIC RESEARCH MCX Silver UPDATE OF 3 December 2018
Posted by Commodity Updates by Epic Research on 11:55:00 with No comments
Silver trading range for the day is 35474-36844.
* Silver dropped as investors moved away from the bullion amid expectations of another interest rate hike this year.
* Almost all Federal Reserve officials at their last meeting agreed another interest rate increase was “likely to be warranted fairly soon.”
* The US weekly jobless claims increased to a six-month high last week, which raised concerns that the labour market could be slowing.
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