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Wednesday, 7 March 2018

EPIC RESEARCH MCX SILVER UPDATE OF 07 MARCH 2018


Silver trading range for the day is 38281-39999. Silver edged higher as sentiment on the greenback remained vulnerable amid uncertainty surrounding U.S. tariffs on steel and aluminum imports as well as elections in Italy. New orders for U.S. made goods recorded their biggest decline in six months in January and business spending on equipment appeared to be slowing after strong growth in 2017.

Investors were cautious as U.S. President Donald Trump faced growing pressure to pull back from proposed steel and aluminium tariffs.

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