Silver closes flat after last week's gain

2021-05-11 01:40:36 GMT (Economies.com)
Silver closes flat after last week's gain

Silver prices closed flat on Monday, as the dollar held against most major currencies, amid focus on news of the cyberattack in the US.

 

US energy companies rebounded amid fears over disrupting oil supplies, after a cyberattack forced the US largest fuel pipeline to shutdown.

 

The World Health Organization declared the new mutated variant of the Covid-19 virus in India, which caused a lot of concern around the world.

 

Data showed last week that the US economy has added 266,000 jobs during April, worse than forecasts of 990,000 jobs.

 

The dollar index held against a basket of currencies at 90.2 points as of 21:28 GMT, after it hit a high of 90.3 points and a low of 90.04 points.

 

Silver July futures held at $27.48 an ounce, after posting a gain of 6% last week.

 
 
 
  Symbol Last Change Chg.%
1.1943
0.0041
0.3403%
1.3930
0.0036
0.2580%
Tadawul
10919.68
6.62
0.06%
26.062
0.073
0.283%
73.500
1.674
2.331%
75.56
0.32
0.43%
1777.900
-0.490
0.028%
 
 
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