EPIC RESEARCH MCX SILVER UPDATE OF 4 JUNE 2018

Silver trading range for the day is 39288-39926. Silver dropped as an upbeat jobs report cemented investor expectations the Federal Reserve would hike rates at its meeting later this month. Private payrolls grew by 223,000 for the May, a sharp uptick from the 163,000 in April, according to a report by ADP and Moody's Analytics. US allies vowed to respond with similar measures on US imports until Washington takes back the decision that "goes against all world trade rules".

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