Friday, 2 August 2019

Silver Prices Recovered Some Of Its Losses After U.S. President Donald Trump

Silver trading range for the day is 39835-41887.

Silver prices recovered some of its losses after U.S. President Donald Trump said he would impose additional tariffs on Chinese imports.

The Fed announced a 25-basis point rate cut, the first since the 2008-2009 financial crisis, to preserve a record decade-long expansion of the U.S. economy

Fed Chair Powell says trade policy tensions have returned to a simmer after almost boiling over

Fed Chair Powell says this cut is to offset factors that global slowdown is having on economy and sustain expansion.

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Silver Trading Range For The Day Is 46112-46984

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