Friday 23 February 2018

EPIC RESEARCH MCX SILVER UPDATE OF 23 FEBRUARY 2018

Silver trading range for the day is 38052-39092.Silver recovered as softness in the U.S. dollar and a slight pullback in bond yields helped to nudge the prices slightly higher.The number of Americans filing for unemployment benefits fell to a near 45-year low last week, pointing to strong job growth in February and solid momentum in the economy.Fed's minutes meeting showed that central bank officials see increased economic growth and rising inflation as justification to continue to raise interest rates gradually.

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