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    Silver Sinks to $21.97 per Ounce

    Investing News Network
    Jun. 17, 2013 05:13AM PST
    Silver Investing

    The price of silver fell today, with spot silver declining to $21.97 an ounce, a decrease of about $0.07.

    The price of silver fell today, with spot silver declining to $21.97 an ounce, a decrease of about $0.07, Reuters reported.

    Silver futures for July delivery hit  $21.76 an ounce, a fall of about $0.20, according to Bloomberg. Metals prices have been impacted by an improving US economy and speculation that the Federal Reserve may slow its bond-buying program. Investors are also waiting for the Fed to meet on June 18 and 19.

    Reuters said Indian silver and gold futures are trading lower today as physical demand hits a seasonally low period.

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