Silver trading range for the day is 38180-38980. Silver prices dropped as safe haven demand remained subdued, despite a pair of disappointing U.S. economic reports raising concerns about economy. Fed’s Yellen and her colleagues laid out a plan to shrink the central bank’s massive $4.5 trillion balance sheet, one of its economy-spurring tools, starting this year. The number of Americans filing for unemployment benefits fell more than expected last week, pointing to shrinking labor market.
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