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    market news

    Silver Rises to $17.38 per Ounce

    Investing News Network
    Oct. 21, 2014 09:05AM PST
    Silver Investing

    Silver rose 0.1 percent on Tuesday to trade at $17.38 per ounce.

    Silver rose 0.1 percent on Tuesday to trade at $17.38 per ounce, according to Reuters. The US dollar has been feeling the impact of lower US government bond yields, and a decline in the dollar against other currencies tends to increase precious metals prices.

    In other significant news, economic data from China and the Eurozone shows indications of a global economic slowdown, and that has further bolstered precious metals as a safe haven against risk.

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