Silver Prices Rose Amid Dollar Weakness As Data Showing Rising Inflation - Dollar Advisory | Best Commodity Tips Provider

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Thursday 15 February 2018

Silver Prices Rose Amid Dollar Weakness As Data Showing Rising Inflation

Silver trading range for the day is 37417-39393.

Silver prices rose amid dollar weakness as data showing rising inflation and falling retail sales stoked stagflation fears.

However, softer-than-forecast retail sales data and an immediate pullback in equities markets sparked concern that the Fed would struggle to raise rates quickly.

The Commerce Department said that U.S. retail sales decreased 0.3 percent last month, the largest decline since February 2017.

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