Silver closes stable

2019-05-15 19:43:33 GMT (Economies.com)
Silver closes stable

Silver prices settled at the close of trading today after rising yesterday by 0.2%, in conjunction with the stability of the dollar against most of the major currencies in addition to markets anticipation for the outcome of the US-China trade dispute in the coming days.

 

US President Donald Trump said there is still a chance for a trade deal with China that would eliminate the existing tariffs between the two countries.

 

For his part, US Treasury Secretary Steven Mnuchin said that trade negotiations with China were constructive and he will travel to Beijing soon to resume talks.

 

He added that the previous negotiations had failed with China because more efforts had to be made to remove any differences.

 

The dollar index (against a number of major currencies) stabilized at 97.5 points by 19:16 GMT, reaching a high of 97.7 points and a low of 07.4 points.

 

At the end of today's session, silver futures (July delivery) settled at $14.812 an ounce almost unchanged from yesterday's session. The metal hit a high of $14.865 and a low of $14.765.

 
 
 
  Symbol Last Change Chg.%
1.1237
-0.0036
0.3185%
1.2484
-0.0091
0.7241%
16.105
0.886
5.825%
56.587
-3.745
6.207%
63.60
-0.06
0.09%
1421.595
6.100
0.431%
 
 
Live Forex Updates