Silver Declines Slightly to $16.42 per Ounce

Silver has gained for the last three days and on Wednesday morning only sank a little, according to iNVEZZ.com. The white metal fell just 0.6 percent, or approximately $0.10, to reach $16.42 an ounce.

As with gold, investors are holding steady as they wait for the release of the latest US Federal Reserve policy meeting minutes.