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Today, silver rose 0.1 percent, or $0.02, to $20.54 an ounce. The metal is continuing to climb back from a five-week low of $20.26 last week.
Today, silver rose 0.1 percent, or $0.02, to $20.54 an ounce, according to Reuters.
The metal is continuing to climb back from a five-week low of $20.26 last week. However, its gains are being capped on anticipation of US data, including the latest Federal Reserve policy decision. The end of the week will also bring US non-farm payroll numbers, which are expected to show that the country’s economy is faring well.
The dollar is also trading at six-month highs, diminishing the appeal of precious metals.
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MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 2385.18 | +17.52 | |
Silver | 28.54 | +0.33 | |
Copper | 4.44 | +0.08 | |
Oil | 83.00 | +0.31 | |
Heating Oil | 2.57 | -0.01 | |
Natural Gas | 1.76 | +0.05 |
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