Silver trading range for the day is 38334-39172.
Silver dropped as strength in dollar and gains in U.S. stock market pressured prices, offsetting earlier support from jitters over a potential trade war.
Risk sentiment waned after U.S. President Trump announced plans to impose tariffs of 25% on imported steel and 10% on aluminum, in a move to “protect U.S. industry”.
Markets were also jittery after Italian elections ended in a hung parliament with none of the country's three main groups able to rule alone.
Silver dropped as strength in dollar and gains in U.S. stock market pressured prices, offsetting earlier support from jitters over a potential trade war.
Risk sentiment waned after U.S. President Trump announced plans to impose tariffs of 25% on imported steel and 10% on aluminum, in a move to “protect U.S. industry”.
Markets were also jittery after Italian elections ended in a hung parliament with none of the country's three main groups able to rule alone.
For more information Call us ✆ +91 9111-179961 or Visit Dollar Advisory
No comments:
Post a Comment