EPIC RESEARCH MCX SILVER UPDATE OF 21 JUNE 2018

Silver trading range for the day is 39422-39852. Silver prices dropped amid fears of a full-blown trade war between the U.S-China, sending U.S. bond yields higher, hurting demand for safe-haven. It is too early to assess the monetary policy impact of an escalation in trade tariffs between the United States and its partners but there is no reason for optimism. The Japanese economy could suffer "quite significant" consequences if a trade war between the United States and China drags on, BOJ governor Haruhiko Kuroda said.

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