Tuesday, 27 June 2017

EPIC RESEARCH MCX SILVER UPDATE OF 27 JUNE 2017

Silver trading range for the day is 37761-38631. Silver dropped as investors looked ahead to comments from key Fed officials and a raft of U.S. economic data in the week ahead. Prices failed to capitalize on the release of weaker than expected data as new orders for key U.S.-made capital goods unexpectedly fell in May. Investors are settling into a cautious mode while they await the U.S. data, including June consumer confidence, pending home sales, and revised first-quarter GDP.

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