Silver Gained As The Dollar Remained Under Pressure At Fourteen Month Lows

Silver trading range for the day is 37917-38847.

Silver gained as the dollar remained under pressure at fourteen-month lows, after investor expectations grew Fed would keep rates low for longer.

Prices recouped its losses sustained earlier in week, as traders mulled over a downward revision in first-quarter GDP which offset second-quarter GDP.

A slowdown in inflation has proven a key concern among Fed members, who voted on Wednesday to keep the central bank’s benchmark rate unchanged.

For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory