Commodity Roundup: Gold in tight range as Fed verdict looms, oil snaps two-day winning run
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
Gold Prices and Federal Reserve: Gold prices remained stable as attention shifted to the U.S. Federal Reserve's upcoming interest-rate decision and Jerome Powell's press conference.
Oil Prices Decline: Oil prices fell after experiencing two days of gains, indicating a shift in market momentum.
Analyst Views on SIL
Wall Street analysts forecast SIL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SIL is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 102.280
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Current: 102.280
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
