Silver dropped as pressure seen after Fed’s Yellen said that central bank should be “wary of moving too gradually” on interest rates to avoid the economy overheating.
It would be imprudent to keep monetary policy on hold until inflation is back to 2 percent, Yellen said.
Yellen’s comments came a day after prices rallied, following escalating tensions after North Korea said U.S. President Donald Trump had “declared war” .
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