EPIC RESEARCH MCX SILVER UPDATE OF 31 JULY 2018

Silver trading range for the day is 38035-38563. Silver remained in range as immediate global trade tension eased U.S. President and European. Commission’s Juncker agreed to work towards eliminating trade barriers. U.S. second-quarter GDP grew at 4.1%,?marking?the quickest pace of growth since 2014, although its impact on the dollar seemed to be limited. The U.S. Federal Reserve?concludes its policy meeting on Wednesday?and is widely expected to?reaffirm?the outlook for further gradual rate rises.

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