Silver Traded In Range As A Federal Reserve Interest Rate Hike Expected Next Week - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 5 June 2018

Silver Traded In Range As A Federal Reserve Interest Rate Hike Expected Next Week

Silver traded in range as a Federal Reserve interest rate hike expected next week kept a lid on upside in the precious metal.

U.S. Treasury yields rose with the 10-year yield hitting oneweek highs as investors pared safe-haven holdings of lower-risk government debt due to fading fears about political turmoil in Italy and Spain.

China's door to talks is open in principle, the country's Foreign Ministry said on Monday, a day after Beijing warned that any trade and business deals reached with Washington would be void if the United States implemented tariffs.

US April factory goods orders decreased 0.8% from a month ago, compared to the expected 0.5% decline.

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