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Friday 11 January 2019

EPIC RESEARCH MCX Silver UPDATE OF 11 January 2019

Silver trading range for the day is 38934-39936.

Silver pared gains as investors awaited remarks from Fed Jerome Powell amid expectations that the head of the central bank will reaffirm a pause in policy tightening.

FOMC minutes: Many officials felt Fed could be patient on further hikes.

Fed's Rosengren: Possible that Fed may need to cut rates, but that is 'not his view'.

China Commerce Ministry: China had broad, deep, detailed communication with US.

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