Silver Gained As Fading Expectations For Near Term U.S.

Silver trading range for the day is 40491-41711. Silver gained as fading expectations for near-term U.S. interest rate hikes pushed the dollar lower.

The Chicago Federal Reserve's president said the U.S. central bank would not rush to hike interest rates.

The Commerce Department said, the current account deficit, which measures the difference in value between exported good, service and interest payments.

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