EPIC RESEARCH MCX SILVER UPDATE OF 29 AUGUST 2017

Silver trading range for the day is 38816-40216.Silver gained as the U.S. dollar sank to its lowest in more than a year after Fed’s Yellen speech at Jackson Hole made no reference to U.S. monetary policy. Federal Reserve Board Member Powell says he has not factored in fiscal policy into his outlook. Says economy is strong, inflation little low.Fed's Powell says not paying the US's bills would deliver a major economic shock. I see no shock from the market.

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