Silver Dropped As Some Renewed Strength In U.S. Dollar

Silver trading range for the day is 41580-42638. Silver dropped as some renewed strength in U.S. dollar, as well as a rise among most U.S. equities helped to dull the metal’s appeal. 

Data on jobless claims did little to sway the metals market from expectations for gradually higher Federal Reserve interest rates this year. 

St. Louis Fed President James Bullard said he sees no reason interest rates need to move much at all. 

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