EPIC RESEARCH MCX SILVER UPDATE OF 22 AUGUST 2016

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Silver trading range for the day is 44628-46488.  Silver prices slipped lower as the minutes of the Federal Reserve’s latest policy meeting continued to weigh on the greenback.          Data showed that initial jobless claims decreased by 4,000 to 262,000 last week, compared to expectations for a 1,000 decline to 265,000.           New York Fed President William Dudley reinforced his confidence in a possible rate hike for a second time in the week.  
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