As market fundamentals moved in favour of valuable metals,
Silver prices declined on Friday, but were still on track as far as narrow
weekly gains are concerned.
Silver for May delivery fell 5 cents, or 0.3% to $18.09 a troy ounce at 7:46 am EST. Overnight trading was limited to a range of $17.99 and $18.10.
The prices of silver are almost 13% up since the start of 2017 and more than 14% from their mid-December lows.
On Friday Gold futures were trading at above their three month highs. The April futures contract inched up $1.40 or 0.1% to $1243 a troy ounce.
Silver for May delivery fell 5 cents, or 0.3% to $18.09 a troy ounce at 7:46 am EST. Overnight trading was limited to a range of $17.99 and $18.10.
The prices of silver are almost 13% up since the start of 2017 and more than 14% from their mid-December lows.
On Friday Gold futures were trading at above their three month highs. The April futures contract inched up $1.40 or 0.1% to $1243 a troy ounce.
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ReplyDeleteCopper remained under pressure after a slew of Chinese data including industrial output pointed to weaker-than expected activity last month in China
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