Silver Dropped Low As The Dollar Surged Amid Indications

Silver trading range for the day is 41532-44546. Silver dropped low as the dollar surged amid indications the Federal Reserve is preparing to raise interest rates later this month. 

The number of Americans filing for unemployment benefits fell to near a 44-year low last week, pointing to further tightening of the labour market. 

Labour tightness, combined with rising inflation, could encourage the Federal Reserve to raise interest rates at its March 14-15 policy meeting.

For more information Call us ✆ +91 7400-734000 or Visit Dollar Advisory