EPIC RESEARCH MCX SILVER UPDATE OF 3 AUGUST 2016

Silver trading range for the day is 47115-48923. 
Silver gained as the dollar dropped and inflation remained relatively weak, potentially delaying the timing of the Federal Reserve's latest interest rate hike.         
Dallas Federal Reserve Bank President Robert Kaplan joined other Fed policymakers by urging renewed caution in trying to lift rates again.             The U.S. BEA said PCE rose by 0.1% in June, slightly below consensus estimates of a 0.2% increase following a gain of 0.2% over the previous month.


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