Silver Settled Down Below Key Resistance As Investors Continue - Dollar Advisory | Best Commodity Tips Provider

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Thursday 16 November 2017

Silver Settled Down Below Key Resistance As Investors Continue

Silver trading range for the day is 39384-40244.

Silver settled down below key resistance as investors continue to see uncertainty about next year's outlook for interest rates in the US and Europe.

Dollar gained on signs that fourth quarter economic growth remained solid, cementing investor expectations that the Fed will raised rates.

Global silver production will take a big hit this year due to several factors including, falling ore grades, mine closures, and strikes at various projects.

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