EPIC RESEARCH MCX SILVER UPDATE OF 15 JULY 2016

Silver trading range for the day is 46727-48081.
Silver dropped as investors departed from a bevy of safe-haven assets, following an unexpected decision from BOE to hold its key interest rate steady.            
The BoE said it was likely to deliver stimulus to the economy in three weeks, once it assessed how Britain's vote to leave the European Union has affected the economy.              
Federal Reserve policymakers appear to be in no hurry to raise U.S. interest rates despite signs that the U.S. economy is near full employment.

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