Silver Price Spikes to $69.85, Then FOMC Reverses Gains
Silver opened the New York session at $67.94 and climbed to an intraday high of $69.85, a gain of roughly 2.8%, as markets digested news of the Iran peace agreement. That development lowered oil prices and pushed down near-term inflation expectations — which, in turn, reduced the probability of aggressive Fed tightening. For a time … Read more