Silver trading range for the day is 39864-41364. Silver dropped despite a slump in the dollar, as investors continued to favor riskier assets for the second straight day. U.S. consumer confidence fell from a more than 16-year high in April, but new home sales surge to an eight-month high.Holdings at i-shares silver trust gained by 0.61% i.e. 6183 tonnes to 10181.70 tonnes from 10119.87 tonnes.

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