Monday 23 September 2019

Silver Prices Remained Under Pressure Following The Conclusion Of The U.S.

Silver trading range for the day is 45898-46972.

Silver prices remained under pressure following the conclusion of the U.S. Federal Reserve's latest policy meeting.

The Fed cut rates for the second time this year, again by a quarter point. The federal funds rate is now 1.75% to 2%.

The central bank has two more policy meetings for the year, in October and December, but there is no certainty it will cut rates further.

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