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Monday 3 September 2018

EPIC RESEARCH MCX Silver UPDATE OF 03 September 2018

Silver trading range for the day is 37081-38231.

* Silver prices dropped following a strong uptick in the dollar as investors looked ahead to another rate hike from the Federal Reserve in a little over three weeks.

* Investors fear that further friction with the U.S. could throw China's economy into a faster decline, hurting Beijing's demand.

* The Federal Reserve is poised to raise rates at its meeting in September, according to Fed Rate Monitor Tool.

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