Silver closes higher for the second session in a row

    Silver closes higher for a second straight session Silver prices rose for the second session in a row as the dollar steadied against most of the major currencies and investors sought precious metals as a safe haven in the face of concern over the escalating trade war.


    White House economic adviser Larry Kudlo said the administration of US President Donald Trump would not cancel tariffs already imposed on China during trade talks between the two countries.


    Trump has announced a trade truce with China and the resumption of talks with the possibility of offering privileges that pave the way for a comprehensive trade agreement.


    Separately, the dollar index (against a number of major currencies) stabilized at 96.7 points by 18:51 GMT, recording a high of 96.8 points and a low of 96.5 points.


    At the end of the session, silver futures rose 0.6% to close at $ 15.336 an ounce, and the metal hit a day high of $ 15.51 and a low of $ 15.21.

     
    Silver prices rose for the second session in a row as the dollar steadied against most major currencies and investors sought precious metals as a safe haven in the face of concern over the escalating trade war.


    White House economic adviser Larry Kudlo said the administration of US President Donald Trump would not cancel tariffs already imposed on China during trade talks between the two countries.


    Trump has announced a trade truce with China and the resumption of talks with the possibility of offering privileges that pave the way for a comprehensive trade agreement.


    Separately, the dollar index (against a number of major currencies) stabilized at 96.7 points by 18:51 GMT, recording a high of 96.8 points and a low of 96.5 points.


    At the end of the session, silver futures rose 0.6% to close at $ 15.336 an ounce, and the metal hit a day high of $ 15.51 and a low of $ 15.21.
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