Thursday, 9 August 2018

EPIC RESEARCH MCX Nickel UPDATE OF 9 August 2018

Silver trading range for the day is 37628-38238.

* Silver traded in range as a Federal Reserve policymaker reiterated the need for rate hikes and a stronger dollar weakened demand for the precious metal.

* The U.S. Trade Representative’s office said the U.S. would begin collecting 25 percent tariffs on another $16 billion in Chinese goods later this month.

* US job openings held near record highs in June amid a modest decline in hiring, pointing to further tightening labour market conditions.

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