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Friday 29 April 2016

EPIC RESEARCH MCX SILVER UPDATE OF 29 APRIL 2016

Silver trading range for the day is 40103-41621.
Silver gained as investors continued to digest dovish signals from the Fed on the gradual path of tightening it will pursue in the coming months 
Investors continue to speculate when the Fed will increase its interest rates, after keeping them unchanged at its meeting on Wednesday.            
The US economy expanded 0.5% annually in the first quarter, well below the fourth quarter’s 1.4% annualized pace, new government data showed.  

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