Friday, 17 May 2019

Silver Prices Dropped After Riskier Assets Including Equities Moved Up

Silver trading range for the day is 36364-37798.

Silver prices dropped after riskier assets including equities moved up on upbeat U.S. economic data and fading worries about trade war.

The Trump administration planned to delay a decision on instituting new tariffs on car and auto part imports for up to six months.

The Federal Reserve said industrial production fell 0.5% in April after rising 0.2% in March.

Data from the U.S. Commerce Department showed an unexpected drop in U.S. retail sales in the month of April.

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