Tuesday, 8 November 2016

EPIC RESEARCH MCX SILVER UPDATE OF 08 Nov 2016

Silver trading range for the day is 42337-43477. Silver prices dropped as demand for safe-haven assets ebbed after the FBI said that no charges were warranted against Hillary. The election fears overshadowed comments last week from Fed that signaled policy makers could start raising U.S. interest rates soon. Hedge funds are piling into the perceived safety of bullion, increasing their wagers that the metal will rally for a second straight week.
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