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The Fed Interest Rate’s Effect on Silver Prices | The Mesh Report

The Fed Interest Rate’s Effect on Silver Prices

Mike Hammer October 31, 2019 Comments Off on The Fed Interest Rate’s Effect on Silver Prices

The Fed lowered interest rates yesterday and yet silver ended higher.  What’s up with that???

Common logic says that when equities go up precious metals go down.  We did see silver (and gold) drop on the announcement. But shortly thereafter the metals climbed off the floor and staged a strong comeback rally. Silver closed the New York day session higher than it opened, and looks to be continuing that strength this morning.

Continue Reading At The Gold Enthusiast



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