Silver Prices Drifted Lower As Buoyant Consumer Sentiment Data

Silver trading range for the day is 36300-37032.

Silver prices drifted lower as buoyant consumer sentiment data and the dollar's strength against most major currencies weighed on the commodity.

The US dollar rose as better-than-expected US data boosted investors’ risk appetite, even as the US and China remained locked in a trade dispute.

Data from the Labor Department showed a bigger than expected drop in initial jobless claims and the report from the Commerce Department showed a substantial increase in housing starts.

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