EPIC RESEARCH MCX SILVER UPDATE OF 28 MARCH 2018

Silver trading range for the day is 38241-39349. Silver dropped as the dollar strengthen after fears of a global trade war moderated amid ongoing China-U.S. dialogue on trade. Underlying inflation in the euro zone may remain lower than expected even if growth is robust, so the ECB needs to remain patient in removing stimulus. Market participants are looking ahead to key data, after new U.S. Fed Chairman Jerome Powell last week said the U.S. economy does not appear to be running hot.

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