Wednesday, 29 May 2019

Silver Prices Edged Down Despite Intensifying Trade Tension

Silver trading range for the day is 35403-36759.

Silver prices edged down despite intensifying trade tension between the U.S. and China.

U.S. President Donald Trump said in a news conference with Japanese President Shinzo Abe that he was “not ready to make a deal with China”

Traders also paid close attention to Brexit developments after U.K. Prime Minister Theresa May announced her decision to resign.

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

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