EPIC RESEARCH MCX SILVER UPDATE OF 18 JULY 2016

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Silver trading range for the day is 46761-47955.
Silver prices dropped as investors turned to risk assets such as stocks, cutting demand for bullion as a haven.
Investors flocked to precious metals as the Brexit vote in June caused immediate turmoil across markets.        
Consumer prices across America wrapped up the second quarter with an uptick on core basis, data showed, which could allow Fed to raise interest rates this year.

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