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Monday 2 April 2018

EPIC RESEARCH MCX SILVER UPDATE OF 2 APRIL 2018

Silver trading range for the day is 38101-38479. Silver remained under pressure as the dollar strengthened but sentiment was dampened after a flurry of economic data. U.S. consumer spending rose only modestly in February and another report showing that jobless claims fell to a 45-year low last week. Meanwhile, the Federal Reserve’s preferred measure of inflation climbed 1.8% year-over-year, the most in nearly a year.

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