Silver at $19.27 per Ounce Ahead of Fed Minutes

May. 21, 2014 05:08AM PST

Today, silver lost 0.5 percent, or $0.10, to trade at $19.27 an ounce. Though the dollar and equities were both flat, precious metals remained unappealing to investors.

Today, silver lost 0.5 percent, or $0.10, to trade at $19.27 an ounce, according to Reuters. Though the dollar and equities were both flat, precious metals remained unappealing to investors.

Much of their caution came from concern about the release of the US Federal Reserve’s April policy meeting minutes, which will happen later in the day. The minutes will give investors insight into the state and direction of the US economy, an important factor in trading decisions.