Friday, 9 August 2019

Silver Prices Fell As Global Stock Markets Recovered On A Stronger

Silver trading range for the day is 42232-44184.

Silver prices fell as global stock markets recovered on a stronger-than-expected Chinese yuan daily fixing level.

Fed’s Evans expressed that the high risks to the US economy may require a lower rate of interest than expected.

Despite the losses, the metal received support this week amid escalating trade war between the U.S. and China.

U.S. President Donald Trump threatened to impose from Sept. 1 a 10% tariff on hitherto untaxed Chinese imports of $300 billion last week.

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1 comment:

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