EPIC RESEARCH MCX SILVER UPDATE OF 25 JULY 2017

Silver trading range for the day is 37835-38495. Silver settled flat as investors mulled over mostly upbeat economic data ahead of the Federal Reserve’s policy meeting later this week. Prices seen supported ongoing political turmoil in the White House and weakness in the U.S. dollar spurred haven demand for the precious metal. U.S. home resales fell more than expected in June as a dearth of properties amid strong demand pushed prices to a record high, keeping first-time buyers on the sidelines.

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