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SILVER

Silver trading range for the day is 53279-58491.

Silver dropped after the latest U.S. CPI data signaled that the Federal Reserve has more to do to control inflation.

The Federal Reserve is seen delivering another large interest-rate hike in three weeks' time and further rises this year and early nex

Fed swaps fully price 75-basis-point rate hike in November.

Short-term interest-rate futures traders in the United States believe the Federal Reserve will raise interest rates more sharply as inflation rises.

BUY SILVER DEC 2022 @ 54800 SL 54300 TGT 55400-55900.MCX

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