Silver Prices Remained Under Pressure As U.S. Dollar Strength - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 21 February 2018

Silver Prices Remained Under Pressure As U.S. Dollar Strength

Silver trading range for the day is 37960-38930.

Silver prices remained under pressure as U.S. dollar strength and lower demand for safe-haven assets continued to weigh on the precious metal.

The greenback remained supported against other major currencies despite U.S. deficit worries.

The U.S. deficit is projected to climb near $1 trillion in 2019 following the recent announcement of infrastructure spending and large corporate tax cuts.

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