EPIC RESEARCH MCX SILVER UPDATE OF 4 MAY 2018

Silver trading range for the day is 39161-40101. Silver gained after the rally in the dollar paused while renewed geopolitical uncertainty stoked safe-haven demand. The Fed left its benchmark interest rates unchanged in a target range of between 1.50 percent and 1.75 percent. The central bank raised rates in March and forecasts another two increases this year.

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