Silver trading range for the day is 40142-40634.
Silver dropped as the dollar held on to gains after a Federal Reserve official backed the case for further interest rate hikes in the United States.
The dollar rose, erasing earlier losses, as investors questioned whether a rally that last week sent the greenback to more than four-month highs had run out of steam.
U.S. retail sales growth would suggest a strengthening economy and give the Federal Reserve more reason to raise interest rates.
Subscribe now for best MCX Tips and NCDEX Tips
For quick free trial click here > 911 133 9000
No comments:
Post a Comment