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Monday, 28 May 2018

EPIC RESEARCH MCX SILVER UPDATE OF 28 MAY 2018

Silver trading range for the day is 40125-41295. Silver prices gained lifted by a weaker dollar, worries about renewed trade tensions and volatile emerging markets. Support also seen after U.S. President Donald Trump's threat to impose new tariffs and minutes of the Federal Reserve's last policy meeting were seen as dovish. US data showed unemployment claims rose 9 thousand to 234 thousand from 223 thousand, while continuing claims rose 29 thousand.

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