Silver Dropped In The Wake Of Stronger Than Expected U.S. Non-Farm

Silver trading range for the day is 37774-40054.

Silver dropped in the wake of stronger than expected U.S. non-farm payrolls data.

Average hourly earnings rose and boosted the year-on-year increase to 2.9 percent, the largest rise since June 2009.

Hedge funds and money managers raised their net long positions in COMEX position in silver contracts, U.S. Commodity Futures Trading Commission data showed.

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