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Monday 15 April 2019

EPIC RESEARCH MCX Silver UPDATE OF 15 April 2019



Silver trading range for the day is 36763-37695.

Silver prices gained buoyed by weakness in the U.S. dollar after prices dropped on Thursday data showed weekly U.S. jobless claims fell.

The minutes from its FOMC meeting showed the U.S. Federal Reserve has still not completely ruled out raising interest rates this year.

Fed Chair Jerome Powell is said to say that the European economic slowdown is more than they have expected

Fed member Kashkari says he wants to see much higher capital requirements for big banks when asked what tool he would add to the Federal Reserve

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