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Monday, 22 October 2018

EPIC RESEARCH MCX Silver UPDATE OF 22 October 2018

Silver trading range for the day is 38546-39082.

* Silver prices ended with small losses on profit-taking from recent gains, but a weaker dollar and geopolitical worries limited the downside.

* Another two to three interest rate increases from the Federal Reserve will likely put U.S. borrowing costs in "neutral" territory, Fed’s Kaplan said.

* U.S. home sales fell in September by the most in over two years as the housing market continued to struggle despite strength across the broader economy.

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