EPIC RESEARCH MCX SILVER UPDATE OF 13 JANUARY 2017

Silver trading range for the day is 40438-41524. Silver prices dropped despite the dollar fell after U.S. President-elect Donald Trump's long-awaited news conference gave few details on economic policy. The number of Americans filing for unemployment benefits rose less than expected last week, pointing to a tightening labour market. Federal Reserve Chair Janet Yellen did not comment on the outlook for the U.S. economy or monetary policy in remarks to teachers.

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