EPIC RESEARCH MCX SILVER UPDATE OF 08 DECEMBER 2017

Silver trading range for the day is 36685-37649.Silver prices fell pressured by continued dollar strength on the back of investor optimism over the progress of US tax reform.Prices continued to come under pressure, heading for a third-straight day of losses as tax reform optimism continued to support an uptick in the dollar, reducing investor demand. The number of Americans filing for unemployment benefits unexpectedly fell last week, suggesting a rapid tightening of the labor market.

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