Silver trading range for the day is 63502-64800 - Kedia Advisory
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SILVER
Observations
Silver trading range for the day is 63502-64800
Silver dropped as dollar gains as a batch of hot economic datastrengthened expectations that the Federal Reserve will raiseinterest rates to a higher level
Data showed that the number of Americans filing new claims forunemployment benefits unexpectedly fell last week.
A robust labor market and signs of persistent inflation forcedinvestors to reverse their views on the likely future path of interestrate rises
Fed’s Bostic and Kashkari were among the latest officials to warnthat rates must go higher to bring down inflation to its target
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