Silver Price Today: Silver Edges Up to $15.90 per Ounce

The silver price climbed 0.7 percent to reach $15.90 an ounce on Wednesday, according to Reuters.

Though Greek bailout talks are providing some support for the metal, expectations that the US Federal Reserve will raise rates for the first time in nearly a decade are weighing on commodities prices.

“Industrial metals and platinum seems to be on the mend and that may indirectly provide some support,” said Ole Hansen, head of commodity research at Saxo Bank.