Silver Dropped As The Dollar Rose As A Trade Truce Between The U.S. And China

Silver trading range for the day is 37393-38191.

Silver dropped as the dollar rose as a trade truce between the U.S. and China dampened demand for safe haven currencies.

After meeting Chinese President Xi Jinping, U.S. President Donald Trump said he would hold back on new tariffs and that China will buy more farm products.

At a June 18-19 policy meeting the Federal Reserve opened the door for possible interest rate cuts later this year.

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