Silver tumbles from seven-week high, dollar inches up

2018-10-04 18:56:46 GMT (Economies.com)
Silver tumbles from seven-week high, dollar inches up

Silver futures fell nearly one percent in American trade away from August 15 highs, as the dollar index hit August 20 highs, following earlier data from the US, the world's largest economy. 

 

As of 06:31 GMT, silver futures due in December fell 0.75% to $14.56 an ounce away from multi-week highs, while the dollar index edged up 0.04% to 95.80. 

 

Earlier US data showed unemployment claims fell 8 thousand in the week ending September 29 to 207 thousand, while continuing claims fell 13 thousand to 1.650 million in the week ending September 22. 

 

Federal Reserve Governor Randal Quarles spoke about trends in community banks at the Community Banking in the 21st Century conference at the Federal Reserve Bank of St. Louis. 

 
 
 
  Symbol Last Change Chg.%
1.1305
-0.0092
0.8081%
1.2587
-0.0116
0.9120%
14.564
-0.057
0.386%
51.211
-1.034
1.980%
60.23
-1.17
1.91%
1238.250
-9.790
0.784%
 
 
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