Tuesday, 28 May 2019

Silver Gained As Fears Over The Escalating U.S. - China Trade Spat Underpinned

Silver trading range for the day is 36280-36694.

Silver gained as fears over the escalating U.S. - China trade spat underpinned safe haven demand for the precious metal.

Market sentiment was hit after disappointing U.S. economic data late last week fueled fears that the escalating trade and tech war between the U.S. and China is hitting growth.

Growth worries also returned to the fore after data showed declining profits for China's industrial firms in April on slowing demand and manufacturing activity.

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