Silver Price Settles Inside The Bearish Channel

Silver on MCX settled down -0.34% at 37521 as Washington and Beijing decided to further their discussions on trade, soothing investor concerns around a full-blown trade war.

There were worries about growth after China retaliated to the U.S. decision to increase tariffs on about $200 billion worth of Chinese goods.

After saying last week that it would come up with "necessary countermeasures" in response to the tariff increase by the U.S.

China has gone ahead and announced tariffs on U.S. goods, despite U.S. President Donald Trump's warning that the situation "will only get worse" if China retaliates.

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