EPIC RESEARCH MCX SILVER UPDATE OF 19 JULY 2017

Silver trading range for the day is 37137-38055.Silver gains amid fading prospects of further rate hikes by Fed this year and doubts whether President Donald Trump would be able to push through healthcare reforms. Meanwhile, investors continued to temper their expectations for further rate hikes by the Federal Reserve this year amid the subdued inflation outlook. The Gold/Silver ratio hit a 15-month high on July 7 and total silver ETF holdings have since increased by over 2 percent.

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