EPIC RESEARCH MCX SILVER UPDATE OF 26 APRIL 2018

Silver trading range for the day is 39267-39795. Silver prices dropped as the dollar and U.S. bond yields resumed their upward trend, curbing demand for the precious metal. Meanwhile, political risk declined after US said it would likely reach a trade agreement with China and that officials from both sides would sit down for negotiations. ECB is set to keep policy unchanged, playing down worries over recent softness in economy and leaving door open to ending its lavish bond purchase scheme.

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