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Silver closes lower below $17 as dollar rises
2019-08-13 20:13:49 GMT
(Economies.com)
Silver closed lower today as dollar rose against a basket of currencies due to the ease of the trade war concerns.
Trump’s administration decided to delay the tariffs increase on several Chinese imports until mid-December.
Additionally, the US Treasury Department canceled tariffs on several other imports, and Trump commented that the decision is due to the Christmas season.
As of 19:42 GMT, dollar rose against a basket of major currencies by 0.4% to 97.7 points, with a high of 97.8 and a low of 97.3.
Silver futures (September delivery) fell by 0.5% to $16.985 per ounce, with a high of $17.49 and a low of $16.51.
| Symbol | Last | Change | Chg.% | ||
|---|---|---|---|---|---|
|
|
|
1.1289
|
0.0012
|
0.1046%
|
|
|
|
|
1.2483
|
0.0175
|
1.4251%
|
|
|
|
Tadawul
|
7411.14
|
22.65
|
0.31%
|
|
|
|
|
18.102
|
0.323
|
1.817%
|
|
|
|
|
40.965
|
2.190
|
5.648%
|
|
|
|
|
43.49
|
0.69
|
1.61%
|
|
|
|
|
1776.235
|
4.620
|
0.261%
|
|
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