Silver Prices Edged Higher As The U.S. Dollar Pulled Back Despite Mounting Hopes - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 19 December 2017

Silver Prices Edged Higher As The U.S. Dollar Pulled Back Despite Mounting Hopes

Silver trading range for the day is 37169-37755.

Silver prices edged higher as the U.S. dollar pulled back despite mounting hopes that a major U.S. tax reform can be passed before the end of the year.

Republican lawmakers could vote on tax legislation as soon as Tuesday, boosting the chances of the tax bill passes this week.

Expectations that tax cuts would spur economic growth and prompt faster interest rate rises in the United States have boosted the dollar.

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