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Friday 29 December 2017

EPIC RESEARCH MCX SILVER UPDATE OF 29 DECEMBER 2017

Silver trading range for the day is 38355-39225. Silver prices rallied mainly driven by a softer dollar and political uncertainties around the globe. The dollar retreated, with the index slipping to its lowest since late November on a less certain U.S. economic outlook after the passage of major tax cuts. US data showed unemployment claims steadied at 245 thousand in the week ending December 23, same as before, and missing expectations of a dip to 240K.









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