Silver Prices Rose Driven By A Weaker Dollar And Safe-Haven Buying - Dollar Advisory | Best Commodity Tips Provider

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Monday 1 January 2018

Silver Prices Rose Driven By A Weaker Dollar And Safe-Haven Buying

Silver trading range for the day is 38542-39660.

Silver prices rose driven by a weaker dollar and safe-haven buying prompted by global political uncertainties.

Many investors had predicted the dollar would get a boost from U.S. tax cuts, tighter central bank monetary policy and strong growth rates in 2017.

The dollar has weakened on doubts Trump would succeed in implementing some of the programmes he had highlighted in his campaign.

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