Silver on MCX settled up 1% at 41096 amid jitters ahead of President-elect Donald Trump’s first news conference since his election victory on Wednesday. Bullion has been well-supported in recent sessions after minutes from the Federal Reserve’s December meeting unsettled investors’ expectations about the pace of future interest rate hikes. A delay in raising interest rates would be seen as positive for gold, a non-interest-bearing asset, and negative for the dollar. 

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                      Trading Ideas

1. Silver trading range for the day is 40227-41753.

2. Silver prices rallied amid jitters ahead of President-elect Donald Trump’s first news conference since his election victory on Wednesday.

3. Richmond Federal Reserve President Jeffrey Lacker, will retire from his post in October, the Richmond Fed said in a statement.

4. The market is looking for more clues on Trump's spending plans in the first news conference since his shock election win in November.