Wednesday 31 October 2018

Silver Traded In Range As The Safe Haven Demand For The Dollar

Silver trading range for the day is 38013-38637.

Silver traded in range as the safe haven demand for the dollar was boosted by concerns over the pending trade dispute between the U.S. and China.

The U.S. is preparing to impose tariffs on the remaining $257 billion of Chinese imports if talks in November between Trump and Chinese leader Xi Jinping do not go well.

The China Securities Regulatory Commission said that it would improve market liquidity and encourage more long-term capital into the market.

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