EPIC RESEARCH MCX SILVER UPDATE OF 28 JULY 2016

Silver trading range for the day is 45646-48036.
Silver gained amid a slew of soft economic data in the U.S. as investors awaited the Federal Reserve's latest interest rate decision shortly after the close.              
In a 9-1 vote, the FOMC left the target range on its benchmark Federal Funds Rate unchanged at a level between 0.25% and 0.50%.        
The National Association of Realtors said its Pending Home Sales Index rose by 0.2% last month, far below consensus forecasts of 1.3%.

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