EPIC RESEARCH MCX SILVER UPDATE OF 13 APRIL 2018

Silver trading range for the day is 38333-39281. Silver prices edged down on technical selling and profit-taking as a rise in the U.S. dollar caused a sell-off of the risk adverse precious metal. All of the Federal Reserve's policymakers felt that the U.S. economy would firm further and that inflation would rise in the coming months. U.S. consumer prices fell for the first time in 10 months in March, but underlying inflation continued to firm amid rising prices for healthcare and rental accommodation.

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