Silver Rises with Falling Rates

From dailyforex.com

The silver market has exploded higher on Tuesday, as traders continue to pay close attention to the interest rates in the USA overall. This is an inverse correlation between these markets that are well known. The silver market has exploded to the upside during the trading session on Tuesday as interest rates have finally come decisively away from the 4.30 level. With this being the case, I think you've got a situation where traders are looking at this as a scenario where we continue to see an inverse correlation. The 4.30 level is an area that I think will be interesting for traders to pay attention to and now that ... (full story)