
- Silver price reached a three-month low at $29.26 on Thursday.
- Non-yielding Silver depreciates as the Fed’s “dot plot,” anticipates only two rate cuts in 2025.
- The BoJ kept the short-term rate target within the range of 0.15%-0.25%.
Silver price (XAG/USD) extends its losing streak for the sixth consecutive session, trading around $29.50 per troy ounce during the Asian hours on Thursday. The price of the grey metal depreciated more than 3% after the release of the Federal Reserve (Fed) interest rate decision on Wednesday.
The Federal Reserve (Fed) delivered a hawkish cut of 25 basis points (bps) at
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