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Thursday 26 May 2016

EPIC RESEARCH MCX SILVER UPDATE OF 26 MAY 2016

Silver trading range for the day is 38932-39568.
Silver prices were little changed after sharp declines as investors shifted their attention to a spate of economic data.
Speculation about the path and timing of a Federal Reserve interest rate increase continued to weigh on the precious metals market.               
Participants will be actively monitoring the US economic data over the next two days to determine the Fed’s plans for next month’s interest rate meeting.


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