EPIC RESEARCH MCX Silver UPDATE OF 20 August 2018

Silver trading range for the day is 36598-37084.

Silver prices settled down as fears over a slowdown in China and a stronger dollar wreaked havoc in metals earlier in the week.

Beyond China, economic frailties in Turkey triggered fears of contagion amid a rout in emerging markets, which also kept a lid on gains in the wider metals.

News of planned U.S.-China trade talks and a partial recovery of Turkey's lira have steadied investors' nerves slightly.

Hedge funds and money managers raised their net short position in silver futures and options, U.S. Commodity Futures Trading Commission data showed.

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