Silver Impacted by Budget Deal, Falls to $20.30 an Ounce

Silver prices declined during today’s session, following gold‘s movement. The white metal was last down at $20.30 an ounce, a fall of $0.04 from the previous session, according to Reuters.

However, silver futures for March delivery made some gains today, rising $0.03, to $20.34 an ounce, Kitco News reported.

Silver, along with gold, was impacted by yesterday’s announcement that US Congress had reached a tentative budget deal that is expected to end three years of fiscal instability in Washington. It will also likely avoid another US government shutdown, as per Reuters.