Silver dropped as prices pared gains after economic data gave a solid reading on the economy, dampening hopes for a looser monetary policy from the Federal Reserve.
Earlier prices rallied as renewed trade tensions, underwhelming Chinese industrial output data dented investors' appetite for risk.
Recent soft U.S. economic readings have also boosted expectations of a Fed rate cut.
U.S. retail sales increased in May and sales for the prior month were also revised higher, providing a more upbeat reading of consumer spending.
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