Silver Dropped As Growing Optimism Over The Health Of The U.S. Economy

Silver trading range for the day is 39183-39473.

Silver dropped as growing optimism over the health of the U.S. economy and increasing expectations of Fed rate hike in December boosted the dollar.

Minneapolis Fed President Neel Kashkari said he would want to wait on rate hikes.

Interest rate futures are now pricing in about an 80% chance of a December Fed rate hike.

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