Bullions Tips: Silver Trading Range For The Day Is 38260-40496

Silver prices ended higher reversing from earlier losses as investors offered a mixed reaction to monthly U.S. jobs data and looked to comments from Federal Reserve officials for clues on the central bank’s plan for interest rates. The jobs report, which included a mixed bag of revisions to recent months’ data and signs of rising wages, wasn’t seen derailing the Federal Reserve from a gold-negative interest-rate hike later this year.

Trading Ideas:

* Silver trading range for the day is 38260-40496.

* Silver prices ended higher reversing from earlier losses as investors offered a mixed reaction to monthly U.S. jobs data.

* Dallas Fed President Robert Kaplan said that he remains undecided over whether to support a rate increase in December.

* As was widely expected hurricanes Harvey and Irma disrupted labor market activity over the last month as Nonfarm payrolls fell by 33,000 in September.

Daily Bullions Tips Missed Call This Number @ 9644405056.

You May Also Like

0 comments

Note: only a member of this blog may post a comment.