EPIC RESEARCH MCX SILVER UPDATE OF 02 MAY 2017

Silver trading range for the day is 38679-40267.Silver dropped as pressure seen after U.S. congressional leaders reached an agreement to fund the government through the fall.Prices struggled on a raft of sluggish U.S. economic data, as consumer sentiment fell more than expected while U.S. economic growth slowed in the first quarter of the year.Holdings at ishares silver trust gained by 0.34% i.e. 35.33 tonnes to 10308.30 tonnes from 10272.97 tonnes.

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