GENERAL18 Sept 2026
Silver price may rise toward $68 on falling yields, oil: Mirae Asset
Silver rose 4 per cent on September 17 and Mirae Asset expects it may climb toward $68, helped by softer US Treasury yields and falling oil prices. That matters if you hold silver or trade commodities. The metal bounced from support near $62.85 despite the Federal Reserve raising rates to 3.75-4.00 per cent. Watch resistance at $66.55. Support sits at $64.50-$62.80.
Key Statutory Highlights
- Silver rose 4 per cent on September 17 after bouncing from key support near $62.85.
- The US Federal Reserve raised its target range by 25 basis points to 3.75-4.00 per cent on September 16, in a unanimous 12-0 vote.
- Mirae Asset sees interim resistance at $66.55, with support at $64.50-$62.80.
Actionable Advice for Taxpayers / Founders:If you hold silver or trade commodities, review your exposure with a qualified advisor before acting, because these are one analyst's short-term price views and metal prices can swing sharply either way.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: