Wednesday, 14 August 2019

Silver Dropped On News Reports The U.S. Plans To Ease Off On Putting New

Silver trading range for the day is 40706-45790.

Silver dropped on news reports the U.S. plans to ease off on putting new, additional tariffs on Chinese imports.

U.S. trade officials say some of the new tariffs won't go into effect until December, adding that the two sides will resume trade negotiations in a couple weeks.

Goldman Sachs cut its U.S. fourth-quarter growth forecast by 20 basis points to 1.8% and said a U.S.-China trade deal was unlikely before the 2020 U.S. presidential election.

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