Monday, 7 October 2019

Silver Trading Range For The Day Is 44362-46258

Silver trading range for the day is 44362-46258.

Silver remained under pressure as bets the U.S. Federal Reserve would cut interest rates aggressively this year were tempered after better-than-expected U.S. jobs data

U.S. job growth increased moderately in September, with the unemployment rate dropping to near a 50-year low of 3.5%

The U.S. trade deficit increased in August as imports of consumer goods surged to a record high.

Traders continued to price in a quarter-point decrease in the Fed's policy rate target, to a range of 1.5% to 1.75%, at the central bank's Oct. 29-30 meeting.

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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...