Tuesday, 7 May 2019

Silver Settled Flat As Dollar Retreated After Data Showed An Unexpected Drop

Silver trading range for the day is 36915-37647.

Silver settled flat as dollar retreated after data showed an unexpected drop in U.S. service sector growth in the month of April.

President Donald Trump dramatically increased pressure on China to reach a trade deal, saying he would hike U.S. tariffs on $200 billion worth of Chinese goods.

Data released by the U.S. Labor Department showed non-farm payroll employment surged up by 263,000 jobs in April.

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