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Silver Prices Targeted at $68 as Yields Soften and Oil Falls

Guavy AI Editorial Team
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Oil Silver
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Silver prices may rise towards $68 due to softer US Treasury yields and falling oil prices, according to Mirae Asset.

The metal rose by 4% on September 17 after bouncing from a key support near $62.85, despite the Federal Reserve's hawkish rate hike a day earlier.

The Federal Reserve raised its federal funds target range by 25 basis points to 3.75-4.00%, and policymakers projected another rate increase before the end of the year.

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