Silver trading range for the day is 39570-40394. Silver prices gained as the dollar eased ahead of Fed meeting which is expected to provide more clues on the pace of U.S. monetary tightening. However, gains were limited as concerns over tensions between the U.S. and North Korea remained subdued, although they were susceptible to pick up at any moment. The U.S. central bank is also expected to announce moves to shrink its $4.5 trillion asset portfolio.
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