Monday, 4 February 2019

Silver Prices Steadied As Tentative Signs Of Progress In The U.S.

Silver prices steadied as tentative signs of progress in the U.S.-China trade war were offset by surveys showing more economic weakness in China and other Asian economies.

Fed said it would hold interest rates steady and would be patient in lifting borrowing costs further this year as it pointed to rising uncertainty about the economic outlook.

Adding to global worries, factory activity in China, the world’s second-largest economy, shrank by the most in almost three years in January.

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