SILVER MARKET UPDATE NEWS BY RIPPLES ADVISORY

Silver trading range for the day is 42456-43408.Silver rose as the dollar weakened and investors took the opportunity to buy as a hedge against political uncertainty in US and Europe.Jitters ahead of an upcoming G20 foreign ministers meeting the first to be attended by members of the Trump administration may have encouraged a cautious disposition.The number of people who filed for unemployment assistance in the U.S. last week rose by a less-than-expected 5,000 to 239,000 last week.

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Silver on MCX settled up 0.84% at 43010 as the dollar weakened and investors took the opportunity to buy as a hedge against political uncertainty in US and Europe. Meanwhile, a trio of mostly solid economic reports Thursday covering jobs, housing and regional manufacturing did little to change the interest-rate outlook. 

                               Trading Ideas   

* Silver trading range for the day is 42456-43408. 

* Silver rose as the dollar weakened and investors took the opportunity to buy as a hedge against political uncertainty in US and Europe. 

* Jitters ahead of an upcoming G20 foreign ministers’ meeting – the first to be attended by members of the Trump administration – may have encouraged a cautious disposition. 

*The number of people who filed for unemployment assistance in the U.S. last week rose by a less-than-expected 5,000 to 239,000 last week.                            

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