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    market news

    Silver Drops to $21.01 per Ounce Ahead of Fed Meeting

    Investing News Network
    Mar. 18, 2014 04:51AM PST
    Silver Investing

    Today, silver dropped 0.57 percent, or $0.12, to trade at $21.01 per ounce.

    Today, silver dropped 0.57 percent, or $0.12, to trade at $21.01 per ounce, according to Reuters.

    The drop came as investors exercised caution ahead of a two-day US Federal Reserve meeting that is set to begin today. Most analysts believe that the central bank will decide to taper its stimulus program by a further $10 billion.

    Bolstering the white metal’s price somewhat were continued worries about the Ukraine situation.

    market news
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