EPIC RESEARCH MCX SILVER UPDATE OF 14 DECEMBER 2017

Silver trading range for the day is 36577-37215. Silver prices bounced off lows as the U.S. dollar weakened after tepid U.S. inflation data and ahead of the Federal Reserve's policy decision. Data showed that U.S. consumer price inflation rose as expected in November, while the core data unexpectedly eased. Sentiment on the greenback was also vulnerable after a Democrat candidate won a a U.S. Senate seat in Alabama.

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