Silver Prices Gains With A Weaker Dollar Aiding Buying - Dollar Advisory | Best Commodity Tips Provider

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Thursday 25 January 2018

Silver Prices Gains With A Weaker Dollar Aiding Buying

Silver trading range for the day is 38519-40369.

Silver prices gains with a weaker dollar aiding buying for the greenback-denominated commodity with a backdrop of rising concerns about growing US protectionism in global trade.

The dollar came under heavy selling pressure boosting demand, after Treasury Secretary Steven Mnuchin signalled his endorsement of a low dollar.

Prices also seen supported amid growing fears of a US-China trade war fuelled a modest uptick in safe-haven demand.

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