Wednesday 12 July 2017

EPIC RESEARCH MCX SILVER UPDATE OF 12 JULY 2017

Silver trading range for the day is 35788-37316. Silver prices gained as a drop in equities drove safe-haven buying and the U.S. dollar retreated. Fed’s Williams said that it was a reasonable view to expect one more rate hike this year. Holdings at ishares silver trust gained by 0.69% i.e.73.53 tonnes to 10793.73 tonnes from 10720.20 tonnes.

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