New Delhi, Sept. 24 -- The September 15-16 rate hike was the event silver had spent weeks bracing for. Kevin Warsh's follow-up guidance - that the hike might not be the last - was the one it had not.

down a further 0.33% on the day, with XAG/USD's intraday range holding between $63.74 and $64.55.

IBJA silver in India settled at Rs.233.05 per gram on September 24, ex-GST, marking the lowest benchmark rate since the second week of September. Retail buyers across Indian cities paid approximately Rs.240 per gram, inclusive of 3% GST and local levies. MCX December silver futures fell 1.21% to Rs.2,33,052 per kilogram, their lowest close since the market was still absorbing the first signals of Federal Reserve hawkishness earlier this month. ...