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via financefeeds.comMarkets

Silver falls below $57 as December Fed hike odds reach 90%

FROM THE WIRE · FINANCEFEEDS.COM

Silver prices reversed an early Friday advance and slipped below $57 per ounce on October 16, extending a difficult week for precious metals as

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRising expectations of a Fed rate hike weigh on precious metals, which already had a difficult week.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Silver reversed an early Friday advance.
  2. 02The price slipped below $57 per ounce on October 16.
  3. 03The move extends a difficult week for precious metals.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
SilverCOMMODITY:SILVERCommodity57.30 USDAwaiting tradestoday +0.26%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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