EPIC RESEARCH MCX Silver UPDATE OF 17 December 2018

Silver trading range for the day is 37793-38427.

* Silver dropped as the U.S. dollar rose in anticipation of a Federal Reserve rate hike next week.

* The dollar rose after data showed U.S. consumer spending appeared to gather momentum while industrial production rebounded in November.

* The European Central Bank said that it will end its bond purchasing program at the end of December.

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