Silver trading range for the day is 37850-39170.
Silver prices traded in range as sentiment on the greenback remained vulnerable despite the release of mostly positive U.S. data.
Prices remained supported as expectations for a faster pace of rate hikes by the Federal Reserve drove the benchmark 10-Year Treasury yield to a four-year high.
Market participants were betting on a faster pace of U.S. rate hikes after the report showed that consumer prices rose more than expected in January.
Silver prices traded in range as sentiment on the greenback remained vulnerable despite the release of mostly positive U.S. data.
Prices remained supported as expectations for a faster pace of rate hikes by the Federal Reserve drove the benchmark 10-Year Treasury yield to a four-year high.
Market participants were betting on a faster pace of U.S. rate hikes after the report showed that consumer prices rose more than expected in January.
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