EPIC RESEARCH MCX SILVER UPDATE OF 11 MAY 2017

Silver trading range for the day is 37617-38457. Silver prices traded in range with supportive mode as more upheaval in Washington turned investors away from riskier assets in favor of haven plays. It is too early for the European Central Bank to declare victory in its quest to boost euro zone inflation despite signs the bloc's economic recovery is strengthening, ECB’s Draghi said Holdings at ishares silver trust gained by 1.14% i.e. 119.22 tonnes to 10531.96 tonnes from 10412.74 tonnes.

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