Silver resumes the tone of the rise but records weekly losses

    Silver is resuming the bullish tone, but it is recording weekly losses. Silver prices rose during the day, resuming the tone of recent gains, but this rise was not enough to erase the weekly losses. The metal received support today from the investors' precious metals as a safe haven during the trade war. To the dollar's decline.


    There were fears in the global markets of the escalating trade war after US President Donald Trump announced 10 percent new customs duties against imports of Chinese goods worth $ 300 billion as of September.


    In a related context, the dollar index (against a number of major currencies) fell by 0.3% to 98.1 points by 19:24 GMT, recording a high of 98.4 points and a low of 98.05 points.


    In terms of trade, silver futures for September delivery rose 0.6% to $ 16.27 an ounce, the metal recorded a 0.8% loss, and the highest at $ 16.385 and the lowest at $ 16.03.

    Silver prices rallied today, resuming recent gains, but this was not enough to erase the weekly losses. The metal received support today from investors' precious metals as a safe haven in the midst of the trade war and the dollar's decline.


    There were fears in the global markets of the escalating trade war after US President Donald Trump announced 10 percent new customs duties against imports of Chinese goods worth $ 300 billion as of September.


    In a related context, the dollar index (against a number of major currencies) fell by 0.3% to 98.1 points by 19:24 GMT, recording a high of 98.4 points and a low of 98.05 points.


    In terms of trade, silver futures for September delivery rose 0.6% to $ 16.27 an ounce, the metal recorded a 0.8% loss, and the highest at $ 16.385 and the lowest at $ 16.03.
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