Silver trading range for the day is 58504-63344.
Silver dropped as the dollar moved higher amid mounting concerns about a surge in coronavirus cases in Europe and fears of widespread lockdown measures.
The dollar moved up on safe-haven demand as virus jitters haunted sentiment and took a toll of riskier assets such as equities.
The Federal Reserve kicked off its own effort to update community lending standards for banks.
U.S. consumer sentiment improved in early September, according to a survey
SELL SILVER DEC 2020 @ 62000 SL 62500 TGT 61400-60500.MCX
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