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Thursday, 8 December 2016

EPIC RESEARCH MCX SILVER UPDATE OF 08 DECEMBER 2016


Silver trading range for the day is 40451-42747. Silver gained as the dollar eased ahead of an ECB meeting, and on the view that a U.S. rate rise next week was already reflected in prices. A report released by the Federal Reserve showed U.S. consumer credit increased by less than expected in the month of October. The Fed said non-revolving credit such as student loans and car loans climbed by $13.7 billion in October after rising by $17.7 billion in September.




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