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Will Silver Prices See a ‘Buy the Rumor, Sell the Fact’ Drop After the Fed Interest Rate Decision?
Yahoo Finance· 2025-12-10 23:06
March Comex silver (SIH26) futures today hit a record high of $62.14 an ounce. Price action in silver this week has produced a bullish upside “breakout” from a bull flag pattern on the daily bar chart. Measuring implications from this pattern project an upside price target of around $70.00 in the coming weeks, or sooner. Indeed, silver bulls are presently enjoying a potent elixir of bullish charts and bullish supply and demand fundamentals, including an expected interest rate cut today from a major central ...