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SILVER

Silver trading range for the day is 60772-62236.

Silver dropped as major central banks signaled a more hawkish stance amid lingering inflation, raising worries about growth in 2022

The Netherlands imposed a nationwide lockdown and several European countries are weighing the possibility of more Covid restrictions being introduced

Dollar hovered near the highest since July of last year after Fed official signaled a first pandemic-era interest rate hike could come as early as March.

Euro zone inflation surged to its highest rate on record in November, the European Union's statistics office Eurostat confirmed

SELL SILVER MAR 2022 @ 61700 SL 62100 TGT 61200-60900.MCX

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