EPIC RESEARCH MCX SILVER UPDATE OF 13 JUNE 2018

Silver trading range for the day is 40252-41048. Silver dropped amid expectations for a positive outcome from the summit between U.S. President Donald Trump and North Korean leader Kim Jong Un. Prices were also held back by a rising dollar following upbeat inflation data, reaffirming investor expectations the Federal Reserve will continue on its rate hike path. Holdings at ishares silver trust dropped by 0.62% i.e. 61.48 tonnes to 9868.83 tonnes from 9930.31 tonnes.

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