EPIC RESEARCH MCX SILVER UPDATE OF 29 JANUARY 2018

Silver trading range for the day is 39413-40453. Silver prices pared gains in profit booking after prices gained amid report of slow economic growth pushed the U.S. dollar lower. The dollar remained on track to post weekly losses, however, amid data showing durable goods and US economic growth undershot forecasts. Weaker economic data, meanwhile, did little to support safe-haven demand as the US economy cooled in the fourth quarter of the year.

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