Friday 25 October 2019

Silver Trading Range For The Day Is 44987-46585

Silver trading range for the day is 44987-46585

Silver prices moved higher with global central banks set to continue with their monetary easing stance to boost growth.

The ECB left its key interest rates, forward guidance, and stimulus measures unchanged as expected in the final policy session chaired by President Mario Draghi.

The Federal Reserve is widely expected to cut interest rate by 25 basis points when it next meets to review its policy stance on October 29 and 30.

Fed Rate Monitor Tool, investors see a 94.1% chance of the Fed cutting rates for the third time this year next week.

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Silver Trading Range For The Day Is 46112-46984

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