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Friday 7 December 2018

EPIC RESEARCH MCX Silver UPDATE OF 7 December 2018

Silver trading range for the day is 36809-37721.

* Silver dropped tracking weakness in crude oil and base metals prices despite an inversion in part of the US yield curve raised a red flag for a potential recession.

* Fed's Beige Book: wages rising broadly in addition to nonwage benefits/compensation

* Fed policymakers will gather at a Dec. 18-19 meeting, at which the central bank is widely expected to raise interest rates.

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