Electric vehicle demand is expected to boost silver price and market
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Guardian Vaults Business Development Manager John Feeney said in a report released last week that despite the current troubles in silver’s performance, the metal should attract new investors in the near future as it became clear that the Fed was facing monetary policy Lower monetary policy would not tighten – than expected employment figures released in August.
Currently, the metal costs around $ 24 an ounce. A normalization of interest rates or a shift in monetary policy would have negative consequences for the economy, which is why the Federal Reserve will not take any action here &
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