Silver Dropped As The U.S. Dollar Edged Up But Concerns On Global Growth

Silver trading range for the day is 39563-40179.

Silver dropped as the U.S. dollar edged up but concerns on global growth slowdown and increasing uncertainties surrounding the Sino-U.S. trade war.

The European Commission sharply downgraded 2019 Eurozone growth forecast and triggered fears of a recession in the core Eurozone economies.

Increasing uncertainties surrounding the Sino-U.S. trade tension also kept investor sentiment in check.

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