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Wednesday 5 December 2018

EPIC RESEARCH MCX Silver UPDATE OF 5 December 2018

Silver trading range for the day is 36922-37964.

Silver prices gained as the dollar declined on easing U.S.-China trade worries.

Wage gains, consumer confidence support robust spending: Fed's Powell

U.S. President Trump threatened to place “major tariffs” on Chinese goods imported into US if his administration is unable to reach an effective trade deal with Beijing.

Investors also kept a close eye on signals on the future path of interest rates next year by the U.S. Federal Reserve, with the central bank widely expected to raise rates.

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