Wednesday 28 November 2018

Silver Prices Dropped As The U.S. Dollar Firm As A Senior Federal Reserve

Silver trading range for the day is 35427-36367.

Silver prices dropped as the U.S. dollar firm as a senior Federal Reserve official reaffirmed the need for further rate increases.

US President Trump said he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 percent from the current 10 percent.

Fed Chairman Jerome Powell is due to speak on Wednesday on "The Federal Reserve's Framework for Monitoring Financial Stability" at the New York Economic Club.

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