Wednesday, 31 May 2017

EPIC RESEARCH MCX SILVER UPDATE OF 31 MAY 2017

Silver trading range for the day is 39681-40771.Silver dropped as hawkish comments concerning U.S. interest rates from a top Fed official weighed on prices.Two of Fed’s 12 regional banks supported raising the discount rate ahead of the central bank's May meeting, according to minutes of the discount rate discussions.Euro zone finance ministers failed to agree with the International Monetary Fund last week on Greek debt relief as well as failing to release new loans to Athens.

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