Commodity prices traded mixed with bullion prices continued to soar on geopolitical risk and inflation worries while crude oil prices declined on eased supply worries.
silver prices in India
Silver Prices Jumped Rs 910 to Rs 41100 per kg
Gold Silver Reports (GSR) – Silver prices ready on Thursday jumped Rs. 910 to Rs. 41,100 per kg, while weekly-based delivery surged Rs. 1,009 to Rs. 40,406 per kg.
Gold Prices Surge Today, Silver Rates Also Rise: FOMC In Focus
The two-day FOMC meeting begins Tuesday morning and ends Wednesday afternoon with a statement. The FOMC is expected to slightly raise U.S. interest rates at this meeting. Fed Chairman Jerome Powell will also hold a press conference after the meeting. As usual, the marketplace will parse the Fed’s wording for clues on the pace of future Fed rate hikes and the Fed’s inflation expectations.