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EPIC RESEARCH MCX Silver UPDATE OF 7 March 2019

Tags: silver economy


* Silver trading range for the day is 37763-38841.

* Silver dropped amid firmer U.S. dollar on the back of encouraging housing and service-sector activity data.

* A downward revision in China's growth forecast contributed as well the metal's weakness, as a weak Chinese economy could result in a significant drop in demand.

* Eurozone retail sales rebounded in January, adding to recent signs that the currency area's economy may be levelling out after a sharp slowdown in 2018.


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EPIC RESEARCH MCX Silver UPDATE OF 7 March 2019

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