EPIC RESEARCH MCX SILVER UPDATE OF 14 DECEMBER 2016

Silver trading range for the day is 40534-42110. Silver dropped as investors turned their attention to the outcome of the Federal Reserve’s two-day meeting. The Fed is widely expected to hike rates for the first time in a year on at the conclusion of its meeting, with investors pricing in a 100% chance of an increase. Holdings at ishares silver trust dropped by 0.53% i.e. 56.04 tonnes to 10664.32 tonnes from 10664.32 tonnes.




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