Wednesday 29 November 2017

EPIC RESEARCH MCX SILVER UPDATE OF 29 NOVEMBER 2017

Silver trading range for the day is 38097-39535. Silver edged lower after U.S. Federal Reserve chair nominee Jerome Powell told at his confirmation hearing that the Fed was likely to raise interest rates next month. U.S. consumer confidence surged to a near 17-year high in November, driven by a robust labor market, while house prices rose sharply in September. President Donald Trump said that the United States "will take care of" the North Korea issue after its latest missile launch.

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