Silver dips on strong dollar 22/08/2016 09:08

Silver dips on strong dollar
22/08/2016 09:08
Silver futures closed lower in the international market on Friday as participants engaged in trimming their positions taking weak cues from global market. Marketmen attributed the fall in silver prices at the futures trade to a weak trend in the precious metals overseas as the dollar rebounded after a Federal Reserve policy maker said the US economy is strong enough to warrant an increase in interest rates soon.