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Wednesday 25 May 2016

EPIC RESEARCH MCX SILVER UPDATE OF 25 MAY 2016

Silver trading range for the day is 38999-39919.
Silver dropped adding to overnight losses, as comments from Federal Reserve officials added to expectations that a rate hike could come as soon as June.
Fed's Patrick Harker said that two to three rate hikes are possible this
year if the economy continues to grow as projected.         
San Francisco's Williams said, he thinks it could be appropriate to raise interest rates two to three times this year, followed by another three to
four times in 2017.             



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