Silver trading range for the day is 39565-41087. Silver prices gained tracking firmness in base metals prices after prices remained under pressure along with gold. FOMC’s minutes from its November meeting had little surprises as expectations of a December 14 US rate hike remains intact in markets. Holdings at ishares silver trust dropped by 0.27 i.e. 29.50 tonnes to 10766.50 tonnes from 10796.00 tonnes.
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