Silver trading range for the day is 63310-64570 - Kedia Advisory
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Silver
Observations
Silver trading range for the day is 63310-64570
Silver dropped as hotter-than-expected U.S. inflation data fueledbets for a higher interest rate peak from the Federal Reserve
The dollar hovered near a seven-week peak and bond yieldsremained elevated, denting bullion's appeal.
Data showed U.S. consumer spending, increased by the most innearly two years last month amid a surge in wage gains
The Fed's preferred inflation gauge also accelerated, adding tomarkets fears the Fed will have to raise interest rates furthe
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