EPIC RESEARCH MCX Silver UPDATE OF 7 August 2018

Silver trading range for the day is 37698-38218.

* Silver prices dropped amid rising dollar and lingering U.S. trade-war concerns weighed on sentiment.

* China proposed retaliatory tariffs on $60 billion worth of U.S. goods, further escalating a bitter trade conflict.

* China’s exports are expected to have maintained solid growth in July despite new tariffs on billions of dollars of shipments to the United States.

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