EPIC RESEARCH MCX SILVER UPDATE OF 29 JULY 2016

Silver trading range for the day is 46543-48531. 
Silver pared gains as market players digested signals that Fed could avoid a near-term interest rate hike and looked ahead to meeting from the Bank of Japan.          
The number of Americans filing for unemployment benefits rose more than expected last week            
Holdings at ishares silver trust gained by 0.33% i.e. 35.46 tonnes to 10877.53 tonnes from 10842.07 tonnes.


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