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Monday 3 December 2018

EPIC RESEARCH MCX Silver UPDATE OF 3 December 2018

Silver trading range for the day is 35474-36844.

* Silver dropped as investors moved away from the bullion amid expectations of another interest rate hike this year.

* Almost all Federal Reserve officials at their last meeting agreed another interest rate increase was “likely to be warranted fairly soon.”

* The US weekly jobless claims increased to a six-month high last week, which raised concerns that the labour market could be slowing.

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