Silver trading range for the day is 67015-72043. - Kedia Advisory
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SILVER
Silver trading range for the day is 67015-72043.
Silver prices closed lower as demand for the safe haven asset dropped following a jump in U.S. Treasury yields.
The U.S. dollar index, held near a two-week low as vaccine optimism boosted the British pound to an almost three-year high.
Investors reacted to the rapid rollout of Covid-19 vaccines and the possible easing of lockdown restrictions in England.
Reflecting a notable deterioration in expectations, a report showed an unexpected decrease in U.S. consumer sentiment in the month of February.
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