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Wednesday, 25 July 2018

EPIC RESEARCH MCX SILVER UPDATE OF 25 JULY 2018


Silver trading range for the day is 37889-38971. Silver prices gained as the U.S. dollar slipped and market watchers anticipated U.S. economic growth data on Friday. Treasury Secretary Steve Mnuchin tried to ease fears of a currency war at the G-20 meeting, confirming the Fed’s independence. Traders continue to bet there is further room for the dollar to advance as strong GDP data due Friday could strengthen the Federal Reserve's case to continue rate hikes.

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