EPIC RESEARCH MCX SILVER UPDATE OF 04 AUGUST 2017

Silver trading range for the day is 37358-38434.Silver settled down as investors looked ahead to U.S. employment data to gauge how it will impact the Federal Reserve's view on monetary policy.The number of Americans filing for unemployment benefits fell last week, pointing to a tightening labour market.The U.S. economy is on track to expand at a 4.0 percent annualised pace in the third quarter with inventory investment contributing 1.12 percentage points to growth.

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