Silver trading range for the day is 67390 - 69890 - Kedia Advisory
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Observations
* Silver trading range for the day is 67390 - 69890
* Silver rose as the dollar continued to fall and Treasury yields retreated as investors digest the latest CPI report for the US.
* The annual inflation rate slowed as expected to the lowest since October of 2021 and the headline CPI fell for the first time since May of 2020
* Fed’s Daly noted that she expects interest rates to rise beyond 5% in 2023.
* The number of Americans filing new claims for unemployment benefits fell by 1,000 to 205,000.
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