Silver Dropped As Traders Anticipated New Clues On The Likelihood Of A March U.S.

Silver trading range for the day is 42462-42990. Silver dropped as traders anticipated new clues on the likelihood of a March U.S. interest rate hike with the minutes from FOMC in focus. 

Many Fed policymakers said it may be appropriate to raise interest rates again "fairly soon" should jobs and inflation data come in line with expectations. 

The minutes showed the depth of uncertainty at the Fed over the lack of clarity on the new Trump administration's economic programme.

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