Silver ends higher as dollar falters

Economies.com
2021-04-26 20:16PM UTC

Silver prices rose on Monday, as the US dollar held against most of its peers and gave up its early gains.

 

The 10-year US Treasury bond yields rose to 1.571%, which was lifting the US dollar today.

 

Several tech giants will report their quarterly results for the first quarter this week, led by Apple, Microsoft, Tesla, Facebook, Amazon.

 

Data showed today that the US durable goods orders rose 0.5% March, missing forecasts of 2.5%.

 

The dollar index fell against a basket of currencies by 0.1% to 90.8 points as of 20:04 GMT, after it hit a high of 90.9 points and a low of 90.6 points.

 

Silver May futures rose 0.5% or 13 cents, and closed at $26.21 an ounce, after hitting a day high at $26.265 and the low at $25.895.

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