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Silver Moves Positive Ahead of Holiday
Tuesday, 24 December 2024 07:35 WIB | MARKET ANALYSIS |

Silver moved positive to $29.6 per ounce, rebounding from a three-month low hit on Dec. 19 as the market reconsidered the level of hawkishness expected from the Fed next year. 

The white metal rebounded strongly on Friday from a more than three-month low of $28.75 after the release of the United States (US) Personal Consumption Expenditure Price Index (PCE) data for November, which showed that price pressures grew at a slower pace than expectations.

Source: Newsmaker.id

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