Silver Traded In Range After Prices Rose Driven By A Weaker Dollar - Dollar Advisory | Best Commodity Tips Provider

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Tuesday 2 January 2018

Silver Traded In Range After Prices Rose Driven By A Weaker Dollar

Silver trading range for the day is 38996-39324.

Silver traded in range after 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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