EPIC RESEARCH MCX SILVER UPDATE OF 03 AUGUST 2017

Silver trading range for the day is 37393-38703. Silver prices dropped as a recent rally started showing signs of fatigue. Prices remained supported recently amid lackluster economic data raised questions about whether the Fed will follow through with another rate increase this year. The U.S. economy will likely be strong enough for the Fed to trim its bond holdings in September, San Francisco Fed President John Williams said.

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