Silver trading range for the day is 36325-37295.
Silver prices dropped after the Federal Open Market Committee left its funds rate in a range of 2.25% to 2.5% as expected.
Fed’s Powell said the central bank’s “policy stance is appropriate right now” and that they “don’t see a strong case for moving in either direction.”
Investors now closely monitor developments in the U.S.-China trade front with wide expectations that a deal to end a long-draw spat.
Silver prices dropped after the Federal Open Market Committee left its funds rate in a range of 2.25% to 2.5% as expected.
Fed’s Powell said the central bank’s “policy stance is appropriate right now” and that they “don’t see a strong case for moving in either direction.”
Investors now closely monitor developments in the U.S.-China trade front with wide expectations that a deal to end a long-draw spat.
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