Silver trading range for the day is 38520-39484.
* Silver prices dropped on profit booking amid firmness in Rupee after prices seen supported as a sea of global troubles kept safe-haven demand churning.
* The consumer price index (CPI) rose 2.5% from a year earlier, the largest annual growth in seven months, according to data.
* US industrial production increased for a fourth straight month in September, boosted by gains in manufacturing and mining output.
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