EPIC RESEARCH MCX SILVER UPDATE OF 12 APRIL 2018

Silver trading range for the day is 38369-39865. Silver gained as signs of rising U.S. inflation were overshadowed by an uptick in safe-haven demand amid growing U.S.-Russia tensions. The U.S. economy likely expanded at a 2.0 percent annualized rate in the first quarter in the wake of the March payrolls data. U.S. economy created the fewest jobs in six months in March as a boost from milder temperatures faded, but a pickup in wage gains pointed to a tightening labour market.

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