EPIC RESEARCH MCX SILVER UPDATE OF 29 NOVEMBER 2016

Silver trading range for the day is 40071-41601. Silver gains as the dollar and long-dated U.S. Treasury bond yields retreated from recent highs. The euro zone recovery has withstood economic and political uncertainty and its recovery expected to continue, ECB President Mario Draghi said. Hedge funds and money managers again cut their net long positions in COMEX silver contracts in the week to Nov. 22, U.S. CFTC data showed.

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