Monday 14 October 2019

Silver Dropped As Global Risk Appetite Revived On Hopes

Silver trading range for the day is 44344-46242.

Silver dropped as global risk appetite revived on hopes of at least partial fixes to the problems of Brexit and the U.S.-China trade dispute.

Reports indicated that the EU and U.K. were entering “more intense” discussions of U.K. Prime Minister Boris Johnson’s latest proposals to avoid a disorderly Brexit.

Sentiment among American consumers posted a surprise jump in October amid expectations for rising incomes and lower inflation.

The University of Michigan's preliminary sentiment index advanced to a three-month high of 96 from September’s 93.2, data showed.

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Silver Trading Range For The Day Is 46112-46984

Silver trading range for the day is 46112-46984. Silver prices ended with losses as stocks traded higher ahead of the U.S.-China phase o...