Silver trading range for the day is 37290-38866.* Silver gained traders sold the dollar after fully factoring in expectations of a Federal Reserve rate hike.
* The Fed held the first of its two-day policy meeting for September amid market bets that there was a 100% chance of announcing a quarter-percent rate hike.
* Holdings at ishares silver trust dropped by 0.49% i.e. 51.16 tonnes to 10420.30 tonnes from 10471.46 tonnes.
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