Silver trading range for the day is 37929-39059. Silver prices fell sharply as upbeat inflation data lifted treasury yields higher sparking a recovery in the dollar, while signs of progress on tax reform weighed on sentiment. The upbeat inflation report, fuelled expectations that the Federal Reserve would adopt a more aggressive stance on monetary policy, lifting the dollar higher. Also weighing on prices was easing uncertainty over tax reform after Sen. John McCain announced his support of the Senate's tax bill.
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