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Monday 9 May 2016

EPIC RESEARCH MCX SILVER UPDATE OF 9 MAY 2016

Silver trading range for the day is 40872-42270.
Silver rallied after U.S. employers added the fewest workers in seven months, weakening the case for the Federal Reserve to raise interest rates.
Four regional Fed presidents said that they were open to considering a rate increase in June if it’s justified by economic data.    
The Labor Department report showed the U.S. economy added 160,000 jobs in April, the fewest in seven months.

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