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Wednesday, 20 April 2016

EPIC RESEARCH MCX SILVER UPDATE OF 20 APRIL 2016

Silver trading range for the day is 37952-40940.
Silver jumped more than 3.5% to its highest in more than 11 months on a softer dollar and robust buying in China.      
Heavy purchases so call short-covering seen in the market as silver triggered many stoploss once it breached 11 months high     
Traders were also watching for comments from Federal Reserve officials to gauge the outlook for U.S. monetary policy.


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