EPIC RESEARCH MCX SILVER UPDATE OF 17 APRIL 2018

Silver trading range for the day is 38647-39517. Silver prices gained amid heightened geopolitical risk as markets assessed the fallout from U.S.-led missile strikes on Syria. Safe haven demand was held in check by relief that the missile strikes on Syria did not prompt a response from Russia, Syria’s main ally. Trump has delayed imposing additional sanctions on Russia and is unlikely to approve them unless Moscow carries out a new cyber attack or some other provocation.

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