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SILVER

* Silver trading range for the day is 68122-70606.

* Silver prices rose supported by a weaker dollar and a dovish testimony from Federal Reserve Chair Jerome Powell.

* Federal Reserve Chairman Jerome Powell assured investors the central bank was a long way from scaling back its support to the world's largest economy.

* The U.S. economy was "a long way from our employment and inflation goals, and it is likely to take some time for substantial further progress to be achieved," Powell said.

* Johnson & Johnson's one-shot COVID-19 vaccine appeared safe and effective in trials

BUY SILVER MAR 2021 @ 69000 SL 68200 TGT 70200-71200.MCX

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