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Tuesday 15 January 2019

EPIC RESEARCH MCX Silver UPDATE OF 15 January 2019

Silver trading range for the day is 39164-39782.

Silver gained as bond yields drop amid souring sentiment after news that media giant Viacom plans to divest from China.

The greenback's outlook remained bleak amid cautious signals from the US Federal Reserve about further rate hikes.

UK Prime Minister Theresa May must win a vote in parliament to get her Brexit deal approved or risk a chaotic exit for Britain from the European Union.

Global investors ploughed money back into stocks and bonds this week as they regained their appetite for risk, boosted by dovish comments from Fed Chairman Powell.

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