EPIC RESEARCH MCX SILVER UPDATE OF 31 MAY 2018

Silver trading range for the day is 39471-40403. Silver gained after U.S. data showed the U.S. economy slowed slightly more than initially expected in the first quarter while political uncertainty lingered in Italy. US data showed the private sector added 178 thousand new jobs in May, compared to 163K in April, and missing expectations of 191K. US GDP grew 2.2% in the second quarter, missing estimates of 2.3%, while GDP prices rose 1.9%, missing forecasts of 2%.

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