EPIC RESEARCH MCX SILVER UPDATE OF 20 DECEMBER 2016

Silver trading range for the day is 39144-39816. Silver dropped as prices continues to track dollar gains and the stock market’s cautious push deeper into record territory. Last week’s Fed’s rate increase was accompanied with signals for a more-aggressive Federal Reserve in 2017. The Bank of Japan is likely to keep monetary policy steady and give a more upbeat view of the economy on Tuesday.

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