Silver Prices Advanced As The U.S. Dollar Slipped

Silver trading range for the day is 38941-39663.

Silver prices advanced as the U.S. dollar slipped ahead of Wednesday’s minutes of the Federal Reserve’s December meeting and a speech by Fed Chairman.

An upbeat U.S. non-farm payrolls report showed 312,000 net new jobs were created in December, while wages rose at a brisk annual pace of 3.2 percent.

Last month, the FOMC voted to increase interest rates for the fourth time in 2018 and indicated that two more rate hikes this year are likely.

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