Commodities

Silver marks successive daily gains

2019-02-08 21:08:22 GMT (Economies.com)

Silver prices rose today for the second straight session alongside gold while the dollar traded flat for the day. 

 

Central banks in the euro zone, England, and Australia cut their estimates for global growth this year, with Federal Reserve Governor James Bullard expressing his concerns from the lower-than-target inflation and its impact on growth. 

 

President Donald Trump and Xi Jinping are expected to meet after the end of the 90-day truce in March to discuss an end to their trade dispute. 

 

White House advisor Larry Kudlow revealed that the gap is wider than expected between America and China, especially when it comes to protecting intellectual property. 

 

Silver March futures rose 0.6% to $15.809 an ounce, while still marking a weekly loss of 0.8%, with a session-high at $15.86, and a low at $15.65. 

 

Gold rose 0.3%, or $4.30 to $1,319.5 an ounce, still marking a weekly loss of 0.3%, with an intraday high at $1,319.5, and a low at $1,311.5. 

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