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EPIC RESEARCH MCX Silver UPDATE OF 9 January 2019


Silver trading range for the day is 38714-39686.

* Silver gained amid expectations that the Fed may halt its rate-hiking cycle for the year.

* Fed Chairman Powell said the central bank would be more sensitive to downside risks in the market, adding that it was "prepared to shift the stance of policy" if needed.

* Meanwhile, U.S.-China trade tensions returned to focus this week as officials from Washington and Beijing kicked off talks in China's capital

* The US Institute for Supply Management (ISM) said its non-manufacturing index came in at 57.6 for December


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EPIC RESEARCH MCX Silver UPDATE OF 9 January 2019

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