EPIC RESEARCH MCX SILVER UPDATE OF 2 JULY 2018

Silver trading range for the day is 38813-39543. Silver gained as the dollar fell sharply on the back of a resurgent euro, paving the way for bullion prices to pare some of its recent losses. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose by 0.2% last month, the Commerce Department said. Holdings at ishares silver trust gained by 0.65% i.e. 64.39 tonnes to 10029.81 tonnes from 9965.42 tonnes.

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