Silver trading range for the day is 35241-36375.
Silver prices recovered from lows after doubts grew about whether the Fed can keep raising interest rates, putting pressure on the dollar.
The U.S. Department of Labor said nonfarm payrolls increased by 151,000 in January, falling considerably from a downwardly revised 262,000 in December.
As sluggish inflation remains low, the Fed is wary of potentially triggering a deflationary spiral by tightening its cycle too abruptly.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Silver prices recovered from lows after doubts grew about whether the Fed can keep raising interest rates, putting pressure on the dollar.
The U.S. Department of Labor said nonfarm payrolls increased by 151,000 in January, falling considerably from a downwardly revised 262,000 in December.
As sluggish inflation remains low, the Fed is wary of potentially triggering a deflationary spiral by tightening its cycle too abruptly.
For more information ✆ – 0731-6642300 or Visit http://www.epicresearch.co
Connect with our social media sites
YouTube | Google+ |
0 on: "EPIC RESEARCH MCX SILVER UPDATE OF 8 FEBRUARY 2016"