EPIC RESEARCH MCX SILVER UPDATE OF 03 JULY 2017

Silver trading range for the day is 38456-39142.Silver prices edged lower weighed by the upbeat U.S. economic growth data, although hawkish comments by several central banks limited the greenback’s gains.U.S. consumer spending rose modestly in May and inflation cooled, pointing to a slow-but-steady economic expansion. Official data showed that U.S. gross domestic product rose 1.4% in the first quarter, revised up from the previous reading of a 1.2% expansion.
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