Wednesday 19 October 2016

EPIC RESEARCH MCX SILVER UPDATE OF 19 Oct 2016

Silver trading range for the day is 41782-42566.
Silver gains as disappointing U.S. inflation data was seen as easing pressure on the Federal Reserve to tighten monetary policy, weighing on dollar.
Boston Fed President Eric Rosengren said the current levels of jobs and inflation support the case for a rate increase soon.
The U.S. Commerce Department said that consumer prices inched up 0.3% in September, matching expectations.


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