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Wednesday 28 November 2018

EPIC RESEARCH MCX Silver UPDATE OF 28 November 2018

Silver trading range for the day is 35427-36367.

* Silver prices dropped as the U.S. dollar firm as a senior Federal Reserve official reaffirmed the need for further rate increases.

* US President Trump said he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 percent from the current 10 percent.

* Fed Chairman Jerome Powell is due to speak on Wednesday on "The Federal Reserve's Framework for Monitoring Financial Stability" at the New York Economic Club.

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