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Monday, 8 October 2018

EPIC RESEARCH MCX Silver UPDATE OF 08 October 2018

Silver trading range for the day is 38471-39761.

* Silver prices gained as the dollar softened after data showed U.S. job growth slowed in September, easing concerns about a large run-up in inflation.

* U.S. job growth slowed sharply in September likely as Hurricane Florence depressed restaurant and retail payrolls.

* The unemployment rate fell to near a 49-year low of 3.7 percent, pointing to a further tightening in labor market conditions.

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