Spot silver reaches record high of $60 as traders anticipate Fed rate cut

2025-12-09 21:57:49

Source: CryptoNewsNet Original Title: Spot silver reaches record high of $60 as traders anticipate Fed rate cut Original Link: Spot silver climbed to a record high of $60 as traders positioned for an anticipated Federal Reserve rate cut that could boost demand for precious metals.

The rally reflects growing market optimism that the Fed will ease monetary policy at its upcoming meeting, with traders increasing their bets on silver and other precious metals assets.

Lower interest rates typically make non-yielding assets like precious metals more attractive to investors seeking alternatives to bonds and savings accounts.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.