Silver at $19.75 an Ounce Ahead of Fed Meeting Results

Today, silver rose 0.3 percent, or $0.06, to $19.75 an ounce, according to Reuters.

The US Federal Reserve is about to conclude its two-day meeting, and investors are waiting to see what its outcome is before making definite moves. Analysts expect the central bank to cut a further $10 billion from its monthly bond purchases; in addition, they see interest rates perhaps increasing.