Silver ends lower on firm dollar amid focus on House impeachment vote

Economies.com
2021-01-13 21:34PM UTC

Silver prices fell on Wednesday, as the US dollar rose against most major currencies after the release of upbeat economic data, while the market follows the US House of Representatives' impeachment vote.

 

The US House of Representatives voted voted to impeach President Donald Trump from office.

 

National Guard forces were deployed to the Capitol Hill building in Washington to secure it from any potential violence, especially after President Trump's statements that his impeachment could lead to instability in the US.

 

The dollar index rose against a basket of major currencies by 0.2% to 90.3 points as of 21:22 GMT, after hitting a high of 90.3 points and a low of 89.9 points.

 

Data showed today that the US consumer price index rose in by 0.4% during December.

 

Silver March futures fell 0.5% or 13.7 cents, and closed at $25.572 an ounce, with today’s high at $25.785, and the low at $25.170.

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