Silver Price Falls Below $57 as December Fed Hike Odds…
By Abdelaziz Fathi
Source excerpt · FinanceFeeds
Silver prices reversed an early Friday advance and slipped below $57 per ounce on October 16, extending a difficult week for precious metals as stronger-than-expected US inflation data reinforced expectations of another Federal Reserve interest rate increase before year-end. Kitco quoted spot silver at a bid price of $56.86 per ounce and an ask of $57.11 at 4:11 p.m. Eastern time, with the bid dow…