Silver Sinks to $21.97 per Ounce

The price of silver fell today, with spot silver declining to $21.97 an ounce, a decrease of about $0.07, Reuters reported.

Silver futures for July delivery hit  $21.76 an ounce, a fall of about $0.20, according to Bloomberg. Metals prices have been impacted by an improving US economy and speculation that the Federal Reserve may slow its bond-buying program. Investors are also waiting for the Fed to meet on June 18 and 19.

Reuters said Indian silver and gold futures are trading lower today as physical demand hits a seasonally low period.

Get the Latest Silver Investing Stock Information

Get the latest information about companies associated with Silver Investing delivered directly to your inbox.

Silver $0-15m
Silver $15-50m
Silver $250m+
Silver $50-250m

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Silver-eBook-Cover-smallSilver Investing News Free Exclusive Report: When Will Silver Go Up: Is the Highest Price of Silver Still to Come? Here’s a look at all the major catalysts that are expected to affect the silver price brought to you by Investing News - Bringing you unbiased news, education and helping investors realize their financial goals

Leave a Reply