According to Achiievers Equities, Silver prices dropped as the dollar firmed on expectations of a U.S. interest rate increase in June.
Achiievers Equities' commodity report on Silver
Silver trading range for the day is 38008-39518.
Silver prices dropped as the dollar firmed on expectations of a U.S. interest rate increase in June.
The U.S. Federal Reserve may raise interest rates as early as June boosted the dollar.
The Fed kept interest rates unchanged and downplayed weak first-quarter economic growth while emphasizing the strength of the labor market.
SELL SILVER JUL 2017 @ 38900 SL 39200 TGT 38650-38400.MCX.
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