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Tag: NFP

  • Commodity Market

Expectations of this year’s Fed rate cuts caused silver to settle flat

Mahalakshmi@fastura.com1 year ago02 mins

Yesterday’s trading session saw a little decrease in silver prices of -0.09%, ultimately closing at 82878. Fresh expectations of imminent rate reduction by the Federal Reserve, stoked by the US jobs growth that was less than anticipated, were blamed for this decline. Following remarks made by Fed officials that suggested a possible change in the…

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  • Commodity Market

Traders Pare Fed Rate Cut Bets for June, But Silver Price Rises

Mahalakshmi@fastura.com2 years ago02 mins

Silver prices surged 1.25% to 81875, overcoming rising U.S. Treasury yields fueled by positive Nonfarm Payrolls (NFP) statistics and undermining hopes of a Federal Reserve rate decrease in June. The total amount of silver ETF holdings this year has increased by 3% as a result of the significant inflows that investors have made into ETFs…

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