EPIC RESEARCH MCX SILVER UPDATE OF 12 JULY 2018

Silver trading range for the day is 38879-39955. Silver prices fell as the dollar firmed after the Trump administration threatened to impose additional tariffs on $200 billion worth of Chinese goods. The 10% tariffs will not take effect immediately but will undergo a two-month review process, according to a government statement. The US producers price index (PPI) in June gained 0.3% from May, and rose 3.4% from a year ago.

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