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Monday, 20 March 2017

EPIC RESEARCH MCX SILVER UPDATE OF 20 MARCH 2017


Silver trading range for the day is 40570-41118. Silver prices gained as weakness in the U.S. dollar, following Wednesday’s Federal Reserve decision, provided a runway for gains. The Fed lifted benchmark interest rates by a quarter-point as widely expected. Meanwhile, mostly upbeat U.S. economic data heaped pressure on prices as manufacturing output and consumer sentiment data topped expectations.

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