EPIC RESEARCH MCX SILVER UPDATE OF 28 SEPTEMBER 2017

Silver trading range for the day is 39427-40177.Silver prices remained under pressure as hawkish comments from Federal Reserve Chair Janet Yellen boosted expectations of a December rate hike.
Yellen said the Fed needs to continue gradual rate hikes despite broad uncertainty about the path of inflation.The U.S. central bank announced it would begin trimming down its $4.5 trillion in assets and signaled it will likely raise rates again before the end of this year.

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