Silver trading range for the day is 38734-39664. Silver dropped as the dollar firmed as the chance of a U.S. government shutdown receded and as stronger equities dampened demand. The U.S. Federal Reserve is expected to hold interest rates steady at its meeting this week as it pauses to parse more economic data. Holdings at i-shares silver trust gained by 1.06% i.e. 108.93 tonnes to 10417.23 tonnes from 10308.30 tonnes.

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