The short-term outlook is positive and this consolidation is likely to be used as a buying opportunity. In terms of levels, 19865 – 19810 is the crucial support zone, while 20200 – 20250 shall act as an immediate hurdle zone.
Silver hits $60 per ounce for first time, gold rises ahead of Fed rate decision
Gold prices edged higher as traders anticipated the U.S. Federal Reserve’s interest rate decision. Meanwhile, silver surged to an all-time high of over $60 per