EPIC RESEARCH MCX SILVER UPDATE OF 10 MAY 2017

Silver trading range for the day is 37452-38326. Silver fell as the election of centrist Emmanuel Macron as French president reduced demand for bullion as a safe haven. Fed’s Rosengren said the fall of U.S. unemployment below its natural equilibrium could prompt faster interest-rate hikes if it were to drop below 4 percent. Demand for silver ETF jumped from 2006 through 2012 amid expectations that solar panels and appliances would help lift prices.

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