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Thursday, 9 March 2017

EPIC RESEARCH MCX SILVER UPDATE OF 09 MARCH 2017


Silver trading range for the day is 41007-42171. Silver prices dropped after a better-than-expected ADP jobs report lifted expectations of a March rate hike. The ADP National Employment Report showed its biggest increase in more than a year in February, suggesting the U.S. economy remains on solid ground. Holdings at ishares silver trust dropped by 0.46% i.e. 47.14 tonnes to 10303.74 tonnes from 10350.88 tonnes.

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