Silver Prices Gained As The Dollar Retreated After Data Showed An Unexpected

Silver trading range for the day is 36371-37967.

Silver prices gained as the dollar retreated after data showed an unexpected drop in U.S. service sector growth in the month of April.

The U.S. Labor Department showed non-farm payroll employment surged up by 263,000 jobs in April following a downwardly revised increase of 189,000 jobs in March.

The Fed's Federal Open Market Committee kept the benchmark interest rate unchanged, in line with the market’s expectations.

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