EPIC RESEARCH MCX SILVER UPDATE OF 04 DECEMBER 2017

Silver trading range for the day is 37801-39097.Silver prices pared some of their gains as growing optimism on tax reform offset earlier reports that Michael Flynn was “prepared to testify”. Fed’s Bullard said, there is a “material risk” of an inversion in the bond market yield curve late next year if central bank remains on its path of gradual interest rate hikes. Holdings at ishares silver trust gained by 0.65% i.e.64.58 tonnes to 9928.44 tonnes from 9863.86 tonnes.

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