Monday, 10 June 2019

Silver Prices Gained Boosted By Bets That The Federal Reserve

Silver trading range for the day is 36626-37946.

Silver prices gained boosted by bets that the Federal Reserve will have to cut interest rates after a weak U.S. jobs data for May.

Traders also sought the safe haven asset amid concerns about global growth due to trade tensions.

Data from the Labor Department showed initial jobless claims last week came in unchanged from previous week's revised level.

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