Saturday 29 July 2017

SILVER TRENDS

Silver futures rose almost one percent to near one-month high, on track for the third weekly profit in a row as the dollar index hit a fresh 13-month low following earlier data from the US, the world's largest economy. Otherwise from the US, earlier data showed durable goods orders rose above expectations in June, as core orders, excluding transportation slowed down unexpectedly. Similarly the US goods trade deficit shrank more than expected, as wholesale inventories rose sharply in May past forecasts, and finally, unemployment claims rose more than expected last week. 




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