Friday, 28 September 2018

Silver Dropped After The Third U.S. Rate Hike For The Year

Silver trading range for the day is 37040-38340.

Silver dropped after the third U.S. rate hike for the year and the Federal Reserve’s indication of plans for more.

The Fed’s Chairman Jerome Powell also discussed trade related issues, adding that the Fed had heard a "rising chorus of concerns from businesses all over the country."

The US economy grew as expected in the second quarter, that confirmed that gross domestic product rose at its quickest rate in nearly four years.

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