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EPIC RESEARCH MCX Silver UPDATE OF 16 April 2019



Silver trading range for the day is 36720-37616.

Silver recovered on short covering after prices dropped as pressure seen after progress in the U.S.-China trade talks helped propel world stock markets.

Strong Chinese exports as well as bank loan data also helped ease investor worries over slowing global growth.

U.S. Treasury Secretary Steven Mnuchin said a U.S.-China trade agreement would go "way beyond" previous efforts to open China's markets to U.S. companies.

Hedge funds and money managers upped their net short position in silverin the week to April 9, the U.S. Commodity Futures Trading Commission (CFTC) said.

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EPIC RESEARCH MCX Silver UPDATE OF 16 April 2019

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