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Electric Vehicle Demand to Boost Silver’s Price, Market

Guardian Vaults business development manager John Feeney revealed in a report published last week that despite silver struggling to perform at the moment, the metal should attract new investors in the near future as it became clear that the Fed wouldn’t tighten monetary policies given the lower-than-expected employment figures released in August.

Currently, the metal is going for about $24 per ounce. Normalizing interest rates or shifting monetary policy would have negative consequences on the economy, which is why the Federal Reserve will not be taking any action on this…

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