Silver trading range for the day is 40614-41682.
Silver dropped as the dollar index jumped after a report showed U.S. producer prices rebounded in August.
U.S. producer prices rebounded in August, driven by a surge in the cost of gasoline, and there were also signs of a pickup in underlying producer inflation.
Markets remain skeptical the Fed will raise rates again before the end of this year due to worries over the subdued inflation outlook.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
Silver dropped as the dollar index jumped after a report showed U.S. producer prices rebounded in August.
U.S. producer prices rebounded in August, driven by a surge in the cost of gasoline, and there were also signs of a pickup in underlying producer inflation.
Markets remain skeptical the Fed will raise rates again before the end of this year due to worries over the subdued inflation outlook.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
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