Friday 28 December 2018

Silver Prices Rose Helped By A Weaker Dollar

Silver trading range for the day is 37816-39220

Silver prices rose helped by a weaker dollar and as a recovery rally in global stock markets fizzled out, driving investors towards the safe-haven asset.

Dollar seen some pressure weighed down by a partial U.S. government shutdown, making bullion cheaper for holders of other currencies.

The U.S. economy slowed slightly more than previously estimated in the third quarter and momentum appears to have moderated further in the fourth quarter.

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