Silver jumps over 2% after last week's gains
Economies.com
2021-02-08 21:31PM UTC
Silver futures closed higher on Monday, as the US dollar fell against its major counterparts, after gaining 0.4% last week.
The US The Senate has passed the US President Joe Biden administration's stimulus plan to quickly overcome the pandemic impact.
US Treasury Secretary Janet Yellen stated that Joe Biden's plan could generate enough growth to restore full employment by 2022.
The dollar index fell against a basket of major currencies by 0.1% to 90.9 points as of 21:19 GMT, after hitting a high of 91.2 points and a low of 90.9 points.
Silver March futures rose 55.7 cents, and closed at $27.576 an ounce, with today’s high at $27.700, and the low at $26.930.
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