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Wednesday 31 October 2018

EPIC RESEARCH MCX Silver UPDATE OF 31 October 2018

Silver trading range for the day is 38013-38637.

* Silver traded in range as the safe haven demand for the dollar was boosted by concerns over the pending trade dispute between the U.S. and China.

* The U.S. is preparing to impose tariffs on the remaining $257 billion of Chinese imports if talks in November between Trump and Chinese leader Xi Jinping do not go well.

* The China Securities Regulatory Commission said that it would improve market liquidity and encourage more long-term capital into the market.

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