Federal Reserve officials were largely in agreement during their September meeting that interest rates should be lowered to support the weak job market. The only difference of opinion was about how many rate cuts should happen this year, according to the meeting minutes released on Wednesday.
US Economy
Why Silver Prices Are Skyrocketing, Silver prices hit a 12-year high
Silver prices hit a 12-year high of $35.60 per ounce due to weak US economic data and expectations of a Federal Reserve rate cut. Learn why silver is surging and what’s driving market trends.
Fed Holds Interest Rates Steady but Opens Door to a Cut – Gold Silver Reports
Federal Reserve officials left interest rates unchanged at their June meeting but opened the door to a cut if President Trump’s trade fight intensified and risks to the American economy increased.
Gold Prices Slip ₹520; Silver Rate Down ₹425
Gold prices on Thursday slumped by ₹520 to ₹31,250 per 10 gram at the bullion market tips here due to weak demand from jewellers amid weak global cues, according to the All India Sarafa Association.
Commodity Gold Market: Gold prices is Focused on What Equity Markets are Doing
Gold Silver Reports (GSR) – Gold is more focused on what equity markets are doing and if equities continue higher gold will trade lower despite a weaker dollar.