XAG/USD: silver renews lows

Forex analytics: Current trendThe price of silver continued falling and reached its 6-year lows.Silver is pressured by increasing investors’ expectations of an interest rates hike in the US in December. At the same time, latest commentaries by Fed officials are not that unambiguous. The rate hike possibility remains quite high but the outcome of the December meeting will largely depend on macroeconomic data ...