Silver prices dip amid anticipation of US Fed decision
Thu, Nov 7, 2024 3:23 PM

Silver prices dip amid anticipation of US Fed decision

A Flip by Avya Verma
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Silver prices fell 0.04% to ₹90,781 per kilogram on Thursday ahead of the US Federal Reserve's interest rate decision, with global prices down 0.21% at $31.27 per ounce. The Fed's expected rate cut could drop silver prices, but strong Indian demand could drive imports up to 6,500-7,000 tonnes and push prices to $40 per ounce by the end of the financial year.

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