Silver trading range for the day is 37761-38631. Silver dropped as investors looked ahead to comments from key Fed officials and a raft of U.S. economic data in the week ahead. Prices failed to capitalize on the release of weaker than expected data as new orders for key U.S. made capital goods unexpectedly fell in May. Investors are settling into a cautious mode while they await the U.S. data, including June consumer confidence, pending home sales, and revised first-quarter GDP.

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