Silver Prices Dropped As The Dollar Strengthened Amid Expectations

Silver trading range for the day is 41729-42609.
Silver prices dropped as the dollar strengthened amid expectations for more U.S. interest rate hikes this year. 

The Fed raised interest rates earlier this month and stuck to its outlook for two more hikes this year.

Prospects for the U.S. economy have brightened now that fiscal stimulus from Washington appears more likely, so the Fed will need to keep raising rates.

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