Silver trading range for the day is 35270-36170.
* Silver dropped as firmness in Rupee weighed on MCX as the U.S. dollar weakened on investors’ expectations of a slowdown in interest rate hikes.
* The chairman of the U.S. Federal Reserve, Jerome Powell, said that rates are “just below” the neutral level now.
* Powell’s comments suggest that 2019 may be more of a wait-and-see approach and the assumption of any hikes may be premature.
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