Silver Dropped With Investors Noting Upbeat Language From The Fed

Silver trading range for the day is 41398-42494. Silver dropped with investors noting upbeat language from the Fed in the latest policy review signaling rate hikes remain on track.

Payroll processing firm ADP said non-farm private employment rose by 246,000 last month, easily surpassing forecasts for an increase of 165,000.

Holdings at ishares silver trust dropped by 0.28% i.e. 29.48 tonnes to 10414.99 tonnes from 10444.47 tonnes.
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