Friday, 7 June 2019

Silver Prices Gained With Underlying Sentiment Supported By Lingering Trade

Silver trading range for the day is 36665-37429.

Silver prices gained with underlying sentiment supported by lingering trade tensions and bets on a Federal Reserve interest rate cut.

The U.S. trade deficit unexpectedly narrowed in April as imports of goods dropped to a 15-month low, offsetting an aircraft-led decline in exports.

A downward revision in China's growth forecast by the International Monetary Fund supported the bullion prices.

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