Silver bullish following losses upon FOMC announcement

Source: WBP Online
© Reuters
Silver showed signs of recovery on Friday, erasing some of the losses generated by the FOMC minutes release. The metal reached a high of $16.59 at 8:45 AM GMT, showing the lowest daily level of $16.48 at 5:45 AM GMT. Since Silver is denoted in US Dollars, the metal had lost its value following a boosted Greenback on Thursday.
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