EPIC RESEARCH MCX SILVER UPDATE OF 21 FEBRUARY 2018

Silver trading range for the day is 37960-38930. Silver prices remained under pressure as U.S. dollar strength and lower demand for safe-haven assets continued to weigh on the precious metal.The greenback remained supported against other major currencies despite U.S. deficit worries. The U.S. deficit is projected to climb near $1 trillion in 2019 following the recent announcement of infrastructure spending and large corporate tax cuts.

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