EPIC RESEARCH MCX SILVER UPDATE OF 01 AUGUST 2017

Silver trading range for the day is 38191-39047. Silver prices gains as tensions on the Korean peninsula boosted safe-haven demand for the metal and as the U.S. dollar hovered close to multi-month lows. Fed’s Fischer said uncertainty over the outlook for U.S. healthcare, regulation, taxes and trade could prompt firms to delay projects until the policy environment is clearer. Investors continued to monitor geopolitical uncertainty on the Korean peninsula after North Korea conducted another missile test late on Friday.

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