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Thursday, 11 October 2018

EPIC RESEARCH MCX Silver UPDATE OF 11 October 2018

Silver trading range for the day is 38124-38910.

* Silver prices eased as U.S. Treasury yields surged, with further bearish influence from a hawkish outlook for interest rates.

* However, downside seen limited benefited from an increase in risk-aversion after the IMF downgraded its outlook for the U.S., China, the euro zone and the UK

* U.S. President Donald Trump felt the Federal Reserve is hiking rates too fast received some focus. -

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