Wednesday, 10 July 2019

Silver Gained On Short Covering Ahead Of Speeches By Multiple U.S.

Silver trading range for the day is 37731-38423.

Silver gained on short covering ahead of speeches by multiple U.S. Federal Reserve officials in the next couple of days.

The dollar extended recent gains amid fading possibilities of a steep interest rate cut in the near-term by the Federal Reserve.

Lingering worries about geopolitical tensions, global economic slowdown and uncertainty about U.S.-China trade negotiations supported the metal.

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