EPIC RESEARCH MCX SILVER UPDATE OF 5 JULY 2016

Silver trading range for the day is 45500-50308.
Silver surge of as buying in China, rising more than 8 percent in lat 2 days reaching $21 for the first time in two years.
The gold/silver ratio fell to a two-year low on Monday as silver extended gains after its biggest weekly rise in nearly three years.      
Uncertainty leads to volatility in financial markets and to a rush into safe havens such as bonds and bullion

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