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Silver prices fell below $64 on Tuesday, now trading at $63.60 per ounce, as the market widely anticipates an interest rate hike ahead of the Federal Reserve's policy meeting.
Silver December futures opened at $63.76 per ounce on Tuesday, down 0.6% from Monday's closing price, and further declined to $63.60 during the session. The market widely expects the Federal Reserve to announce an interest rate hike after its two-day meeting, which begins today, with the CME FedWatch Tool showing a 92.5% probability of a hike.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
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1
Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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2
Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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3
Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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4
The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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5
Lookonchain: Binance hackers are selling PEPE, UNI, LINK, and other tokens, still holding over $150 million worth of various altcoins.
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6
Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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8
SK Hynix is down 5.9% from its previous close, now trading at ₩1,436,000.
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9
China's AI stock bubble has burst, with $340 billion in market cap losses
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CNBC analysis suggests that Intel's stock may continue to fall after its significant decline, but selling now would not recover losses.
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