Friday 27 January 2017

EPIC RESEARCH MCX SILVER UPDATE OF 27 JANUARY 2017


Silver trading range for the day is 40484-41944. Silver dropped as the U.S. dollar pushed higher and stocks around the world extended their recent rally, dimming the metal’s safe-haven appeal. After reporting an unexpected drop in first-time claims for U.S. unemployment benefits in the previous week, the Labor Department released a report. Holdings at ishares silver trust dropped by 0.70% i.e. 73.70 tonnes to 10420.88 tonnes from 10494.58 tonnes.

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