EPIC RESEARCH MCX SILVER UPDATE OF 11 JULY 2018

Silver trading range for the day is 39297-40235. Silver dropped tracking weakness in base metals prices weighed down by a stronger dollar. German investor confidence fell to the lowest level in six years in July as fears over an escalation in trade tensions with the U.S. dampened the economic outlook. The JOLTs reinforced U.S. labor market strength as the report showed 6.638 million job openings, better than the 6.583 million expected.

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