EPIC RESEARCH MCX SILVER UPDATE OF 9 MAY 2018

Silver trading range for the day is 39350-40156. Silver prices edged lower as strength in the dollar continued to act as a headwind for the precious metal. Investors were keeping an eye on geopolitical developments, ahead of an announcement by U.S. President about the future of an international nuclear agreement with Iran. US Consumer Credit grew $11.62 Bln in March versus $16.0 Bln expected and $10.60 Bln previously.

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