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Monday 28 January 2019

EPIC RESEARCH MCX Silver UPDATE OF 28 January 2019

Silver trading range for the day is 38677-40217.

Silver gained amid a sudden surge in uncertainties surrounding the U.S.- China trade talks and weak global economic data also remained in focus.

White House Adviser Kudlow said President Trump is optimistic about trade talks, adding that he expected the January jobs report would be up a significant amount.

The German government has cut its economic growth forecast for 2019 to 1.0 percent from 1.8 percent, parliamentary and government sources said.

The ECB’s quarterly survey, sees 2019 GDP growth at 1.5 percent, below a previous projection of 1.8 percent, the bank said.

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