EPIC RESEARCH MCX SILVER UPDATE OF 3 JANUARY 2017

Silver trading range for the day is 38805-39541. Silver prices ended with gains on the first trading session of the year tracking gold prices and crude oil prices. U.S. economic data gave the Fed the confidence to raise rates for the first time in a year. Dollar remains supported as the prospect of rising U.S. interest rates this year kept sentiment bullish on the long-run.

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