Silver trading range for the day is 40335-41271.
Silver gained as the dollar weakened as investors bet more progress would be made in U.S.-China trade talks.
Optimism about the outcome of a fresh round of US-China trade talks in Washington this week prompted traders to scale back their safe-haven greenback holdings.
Fed’s Mester, normally considered to be one of the Fed hawks, stated that she would favor slowing down the balance sheet normalization process.
A statement from the White House noted that high level U.S.-China trade talks last week led to "progress between the two parties", but "much work remains.
Subscribe now for best Bank Nifty Options and Stock Market Live
For quick free trial click here > +917316642316
No comments:
Post a Comment