EPIC RESEARCH MCX SILVER UPDATE OF 21 MAY 2018

Silver trading range for the day is 39966-40362. Silver gains as a weaker dollar and falling U.S. Treasury yields bolstered demand for the precious metal. A tightening U.S. labor market and mid-Atlantic factory activity picking up, bolstering expectations Fed will raise interest rates next month. United States 10-Year turned negative, pressuring the dollar to give up some of its gains after hitting a fresh five-month high.

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