Silver closes flat after yesterday's loss
Economies.com
2020-10-29 20:45PM UTC
Silver prices held steadily on Thursday, and shrugged off the US dollar's rise against most of its peers, after the release of upbeat economic data.
The US Department of Labor reported today that the unemployment claims fell 40,000 to 751,000 during the past week.
While the advanced reading for the US GDP showed growth by 33.1% during the third quarter.
The dollar index rose against a basket of currencies by 0.7% to 94.03 points as of 21:34 GMT, after it hit a high of 94.1 and a low of 93.3.
Silver December futures settled at $24.36 an ounce, after closing lower by 4.9% yesterday, with today's high at $23.650 and the low at $22.625.
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