Silver trading range for the day is 40178-41792.Silver dropped amid a slightly appreciating dollar, as investors awaited the release of a wave of key U.S. economic data at week's end for further signals.
The Labor Department said that initial jobless claims last week rose by 20,000 to 294,000, defying expectations for an increase of 17,000.
U.S. Census Bureau is expected to report a sharp increase in retail sales for the month of April, follow a mild decline a month earlier.
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