Thursday, 14 September 2017

Silver Dropped As The Dollar Index Jumped After A Report Showed

Silver trading range for the day is 40614-41682.

Silver dropped as the dollar index jumped after a report showed U.S. producer prices rebounded in August.

U.S. producer prices rebounded in August, driven by a surge in the cost of gasoline, and there were also signs of a pickup in underlying producer inflation.

Markets remain skeptical the Fed will raise rates again before the end of this year due to worries over the subdued inflation outlook.

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