Silver Prices Drop to Three-Month Low Amid Federal Reserve Decisions
Silver prices (XAG/USD) continue to face downward pressure as they fell to around $29.50 per troy ounce during the Asian trading hours on Thursday. This marks the sixth consecutive session of losses for silver, which saw a significant drop of over 3% following the Federal Reserve’s recent interest rate announcement. Traders are watching market responses closely, as the dynamics surrounding precious metals are heavily influenced by changes in monetary policy and economic outlook. Investors should monitor the silver market for potential recovery signals in the upcoming sessions.
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