Wednesday 28 June 2017

EPIC RESEARCH MCX SILVER UPDATE OF 28 JUNE 2017

Silver trading range for the day is 38008-38690. Silver gained supported by an easing dollar, with investors looking to a speech by Fed’s Yellen for clues on the outlook for U.S. monetary policy.The International Monetary Fund cut its growth forecasts for the U.S. economy to 2.1 percent for both 2017 and 2018. The BOE tightened its controls on bank credit to more normal levels o, deciding the risk had passed of a big hit to the economy and to lending after last year's Brexit vote.

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