Silver On MCX Settled Up 0.16% At 37518 As Growth Worries Lingered

Silver on MCX settled up 0.16% at 37518 as growth worries lingered and after the release of a slew of U.S. economic data. 

The U.S. Department of Labor reported that initial jobless claims rose by 37,000 to a seasonally adjusted 230,000 for the week ended April21. 

The Commerce Department said core durable goods orders rose 0.4% last month, beating forecasts for a 0.2% rise. 

Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending plans, rose 1.3% last month, well above expectations for a 0.1% increase. 

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