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Tuesday, 5 March 2019

EPIC RESEARCH MCX Silver UPDATE OF 5 March 2019


Silver trading range for the day is 38392-39084.

Silver prices ended with losses as better-than-expected U.S. GDP data bolstered the greenback.

Fed Chairman Jerome Powell: US faces challenges including low productivity. Upward inflation pressure muted despite strong job market.

Fed's Kaplan: 2019 growth will be slower given waning stimulus and higher rates

Vice Chairman Richard Clarida said the Fed should discount any models that project a surge of inflation and wait for incoming data to prove it is happening.


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