Silver Prices Dropped As Dollar Strength Continued To Put Downward Pressure

Silver trading range for the day is 36085-36925.

Silver prices dropped as dollar strength continued to put downward pressure on the precious metal.

Demand for the dollar was underpinned after the Federal Reserve indicated last week that rates are likely to rise in December and again in early 2019.

Strong U.S. producer price index data on Friday also served as an endorsement for the Fed to tighten again at the end of year, placing pressure on prices.

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