Silver Prices Trimmed Gains After The Release Of Upbeat U.S. Data - Dollar Advisory | Best Commodity Tips Provider

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Friday 15 December 2017

Silver Prices Trimmed Gains After The Release Of Upbeat U.S. Data

Silver trading range for the day is 36542-37804.

Silver prices trimmed gains after the release of upbeat U.S. data but prices remained supported as Fed's latest policy statement continued to weigh on dollar.

Fed officials also expressed optimism in the economy, hiking their projection for economic growth in 2017 to 2.5%, while growth in 2018 was expected to rise to 2.5%.

The report raised investor expectations for ongoing bullish economic growth, lifting sentiment on risker assets like equities.

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