Wednesday, 6 December 2017

EPIC RESEARCH MCX SILVER UPDATE OF 06 DECEMBER 2017

Silver trading range for the day is 37112-38502.Silver prices dropped as the recent approval of a major U.S. tax reform bill continued to lend broad support to the greenback.The U.S. central bank is scheduled to hold its final policy meeting of the year on Dec. 12-13, with interest rate futures pricing in a 100% chance of a rate hike. Holdings at ishares silver trust gained by 0.83% i.e.82.18 tonnes to 10006.40 tonnes from 9924.22 tonnes.

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