Thursday, 3 January 2019

Silver Prices Gained As A Decline In Equities And Worry Over Slowing

Silver trading range for the day is 38367-39595.

Silver prices gained as a decline in equities and worry over slowing economic growth and U.S. political tensions increased investor appetite for risk-averse assets.

Risk sentiment improved when US President Trump said that he held a "very good call" with China's President Xi Jinping to discuss trade and that "big progress" was being made.

An economic slowdown and ongoing trade tension with the US lowered manufacturing activity in China in December, the first since July 2016.

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