EPIC RESEARCH MCX SILVER UPDATE OF 14 MAY 2018

Silver trading range for the day is 40170-40896. Silver prices ended with weekly gains as dollar weakness continued following a recent bout of softer inflation data. Weaker inflation data seen earlier in the week continued to drive direction, prompting traders to scale back their expectations for a faster pace of Federal Reserve rate hikes. US data showed import prices rose 0.3% in April, compared to a 0.2% dip in March, and missing forecasts of a 0.5% rise.

Subscribe now for best COMMODITY TIPS

For quick free trial click here < 911 133 9000

Connect with our social media sites

Facebook

Twitter

YouTube

Pinterest

Linkedin

Google+