EPIC RESEARCH MCX SILVER UPDATE OF 14 Oct 2016

Silver trading range for the day is 41498-42596.Silver prices edged lower as stocks firmed and the U.S. dollar rose on expectations the Federal Reserve would raise interest rates by year-end The number of Americans filing for unemployment benefits held at a 43-year low last week, pointing to sustained labour market strength.Minutes of Fed’s meeting released showed several voting members of the policy committee judged a rate hike would be warranted "relatively soon".


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