Wednesday, November 18, 2015
Filled Under: Commodity silver tips, mcx silver tips, silver price, silver tips, silver updates
Mcx Silver tips - Silver futures were trading with slim losses in noon trade in the domestic market on Wednesday as investors and speculators adopted a cautious stance ahead of the release of the FOMC minutes later in the day in which policymakers from the US Federal Reserve, the world’s top central bank are likely to raise interest rates in December, for the first time in nearly a decade.Silver, a non-interest bearing asset tends to lose out in a rising interest rate scenario. US consumer prices rose for the first time in three months in October, a sign that inflation was nearing the US Federal Reserve’s goal, bolstering the case for the world’s top central bank to move ahead with a rate hike.
Silver Futures Trading with slim losses in Noon Trade
Mcx Silver tips - Silver futures were trading with slim losses in noon trade in the domestic market on Wednesday as investors and speculators adopted a cautious stance ahead of the release of the FOMC minutes later in the day in which policymakers from the US Federal Reserve, the world’s top central bank are likely to raise interest rates in December, for the first time in nearly a decade.Silver, a non-interest bearing asset tends to lose out in a rising interest rate scenario. US consumer prices rose for the first time in three months in October, a sign that inflation was nearing the US Federal Reserve’s goal, bolstering the case for the world’s top central bank to move ahead with a rate hike.
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