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Silver rises, snaps multi-session losing streak

Economies.com
2021-09-21 20:34 UTC

Silver prices rose on Tuesday, as the US dollar fell slightly against most of its peers, ahead of the US Federal Reserve's decision.

 

The US current account reading showed a deficit of $190 billion in August, better than forecasts of -$193 billion.

 

The number of the US building permits was at 1.73 million in August, while the number of housing starts was at 1.62 million units, beating forecasts of 1.55 million.

 

The Fed will convene today to decide on monetary policy and provide clarity over the future of its moves, and will unveil its decisions tomorrow.

 

The dollar index fell against a basket of major currencies by less than 0.1% to 93.1 points as of 20:23 GMT, after hitting a high of 93.2 points and a low of 93.05 points.

 

Silver spot prices rose by 1.2% to $22.4 an ounce as of 20:23 GMT.

Gold rises as dollar slips

Economies.com
2021-09-21 19:21 UTC

Gold prices rose on Tuesday, as the US dollar slipped against most of its peers, amid anticipation of the Federal Reserve's decision.

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Oil pares some gains ahead of API's inventories data

Economies.com
2021-09-21 17:08 UTC

Oil prices rose on Tuesday, as the US dollar held against most of major currencies, ahead of the US inventories data.

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US stocks open higher with Fed's meeting in focus

Economies.com
2021-09-21 14:19 UTC

US stock indices rose in early trading on Tuesday, while investors focus on the Federal Reserve's meeting.

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