Gold, silver prices open lower on hawkish US Fed commentary. What should you do?
5 Articles
5 Articles
Gold, silver prices open lower on hawkish US Fed commentary. What should you do?
Gold and silver slipped on Monday as traders booked profits after a strong global rally and hawkish Fed comments dampened hopes of a December rate cut. On MCX, gold fell 0.34% to ₹1,23,141 per 10g, while silver dropped 0.5% to ₹1,55,232 amid lingering inflation concerns and cautious Fed signals on further easing.
Silver Price Drops to $49.50 as Fed Rate Cut Odds Decline
Silver pricing keeps sliding, dropping for the fourth day in a row and heading down toward $49.50 early Tuesday. Right now, the metal just can’t catch a break—investors are pulling back on hopes for a Fed rate cut in December. Recent comments from Fed officials haven’t helped either, making traders even more cautious. Everyone’s waiting […] The post Silver Pricing at Near $49.50 as Fed Rate-Cut Expectations Goes Down appeared first on XtremeMark…
Silver Price Forecast: XAG/USD falls to near $49.50 as Fed rate cut likelihood fades
Silver price (XAG/USD) continues its losing streak for the fourth successive session, trading around $49.50 per troy ounce during the Asian hours on Tuesday. The non-interest-bearing Silver struggles amid declining US Federal Reserve (Fed) rate cut bets for December.
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