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Tag Archives: less hawkish

Less Hawkish Fed Pushes Silver, Gold , Copper Higher

Mohamed Abdelhamid Commodities, Daily Economic Reports, Economic Report, Forex Market, Market Update

Following the Fed’s less hawkish announcement of its 25 bp interest rate hike on Wednesday, the price of silver surges upward. The Federal Open Market Committee Announcement noted “some additional policy firming,” and the dot plot median indicated one more hike. As a result, the Fed’s decision was largely anticipated.Prior …

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