Buz Investors Silver Prices Little Changed The precious metal is trading at $17.77 per ounce at 10:40 GMT this morning, 0.06% lower from the New York close. During the session, silver traded at a high of $17.83 per ounce and a low of $17.73 per ounce. In the New York session yesterday, silver fell 0.08% and closed at $17.78 per ounce. Immediate downside, the first support level is seen at $17.68 per ounce, while on the upside, the first resistance level is at $17.87 per ounce.
Silver edged slightly better on Thursday and became on target for any other week of profits as political uncertainty kept call for for treasured metals elevated.
March silver futures climbed 2 cents, or zero.1%, to $17.72 a troy ounce at 6:46 am ET. prices rose as lots as 0.7% in a single day.
With Thursday’s modest increase, silver is on the right track for a weekly benefit of one.4%. the grey metallic has surged nearly 11% because the begin of January. Its technical indicators endorse in addition upside is in save.
Gold prices held near 3-month highs in early morning alternate. The April futures fee became closing visible at $1,240.00 a troy ounce, particularly unchanged from the preceding consultation’s close.
The U.S. greenback turned into heading in the right direction for its 7th consecutive advantage on Thursday, edging up zero.1% against a basket of different main currencies. The dollar has rebounded almost 1% when you consider that January 31.
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