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Friday, 22 December 2017

EPIC RESEARCH MCX SILVER UPDATE OF 22 DECEMBER 2017


Silver trading range for the day is 37213-37835. Silver prices traded in range amid continued dollar weakness as the US economy expanded less than expected in the third quarter. Soft economic growth data failed to spark a significant move higher in prices as the data is not expected to weigh on the Fed’s decision.The federal tax bill that Congress approved this week is expected to provide a modest lift to the U.S. economy in 2018 and 2019.

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