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Thursday, 30 March 2017

EPIC RESEARCH MCX SILVER UPDATE OF 30 MARCH 2017


Silver trading range for the day is 41902-42488. Silver prices dropped as pressure seen as stronger than expected U.S. home sales data supported the narrative of a stronger U.S. economy. Prime Minister Theresa May filed formal Brexit divorce papers, triggering years of negotiations that will test the cohesion of the European Union. Fed’s Eric took a somewhat bullish outlook on possible rate hikes, after he said the U.S. central bank should be prepared to raise interest rates a total of four times in 2017.

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