Silver trading range for the day is 40494-41712.Silver gained as U.S. consumer prices showed little signs of building inflationary pressure last month, potentially delaying the timing of Fed’s next interest rate hike.
Two Fed officials said that the U.S. central bank could raise short-term interest rates at its meeting next month.
The U.S. government reported that consumer prices recorded their biggest increase in more than three years in April.
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