Silver Gained As The Dollar Weakened Before A U.S. Central Bank Meeting

Silver trading range for the day is 36875-37679.

Silver gained as the dollar weakened before a U.S. central bank meeting gets underway with expectations growing the Fed will signal its first rate cut in a decade.

U.S. Commerce Secretary Ross told that President Donald Trump is "perfectly happy" to impose tariffs on the remaining $300 billion of Chinese imports.

A CME Fedwatch tool puts the probability of a quarter-point interest rate cut by the Fed at 20%, with a 70% probability of a rate cut at its next meeting in July.

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