MTECHTIPS;-Silver to trade in 38365-40347

MTECHTIPS;-Silver to trade in 38365-40347

MTECHTIPS- Silver trading range for the day is 38365-40347. Silver gained as support seen after a pair of economic reports undershot expectations triggering concerns about a slowdown in the U.S. economy. Fed increased its key interest rate by 0.25% to a 1.00%-1.25% range, and surprise investors as it maintained its outlook of three total rate hikes for 2017 U.S. consumer prices fell by 0.1% last month, disappointing forecasts for an increase of 0.1%, the Commerce Department said. BUY SILVER JUL 2017 @ 39300 SL 39000 TGT 39580-39850. MCX.

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