Monday, April 11, 2016

Silver Prices Jump as Dollar Weakens

Published here: http://www.profitconfidential.com/silver/silver-prices-jump-as-dollar-weakens/

Silver Prices Best Performing Precious Metal Today
Silver prices jumped on Monday on declines in the U.S. dollar and bets the Federal Reserve will be cautious when increasing interest rates.

The silver price for May delivery gained 3.9% to $15.98 a troy ounce on the Comex division of the New York Mercantile Exchange. The contract logged its highest settlement price since March 17.

Silver was the best performing metal today, followed by platinum (2.2%), gold (1.1%), and palladium (1.1%).

The iShares Silver Trust ETF (NYSEARCA:SLV).

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