SilverXAGUSD

Daily Market Briefing

Neutral

Silver price stabilizes near $65.80 after Federal Reserve's rate hike.

Over the past 24 hours, silver (XAG/USD) has maintained a price around $65.80, following the Federal Reserve's first rate hike since 2023. Despite the rate increase, silver's price remained relatively stable, supported by factors such as falling oil prices, softer yields, and steady industrial demand.

Key points

  • Silver price holds steady at $65.80 post-Fed rate hike.

Sources

AI-generated from public news sources. Not financial advice.

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