Silver Prices Dropped Nearly 1% As Pressure Seen After The MSCI World - Dollar Advisory | Best Commodity Tips Provider

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Friday 14 July 2017

Silver Prices Dropped Nearly 1% As Pressure Seen After The MSCI World

Silver trading range for the day is 36183-37283.

Silver prices dropped nearly 1% as pressure seen after the MSCI world index hit a record high for the fourth time in less than a month as investors took Yellen's remarks as a green light for risk-taking.

China posted stronger-than-expected June trade figures, bolstering the U.S. dollar, which advanced against a currency basket .

US economy is healthy enough for the Fed to raise interest rates, though low inflation and a low neutral rate could leave the central bank with diminished leeway, Yellen said.

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