Today, silver rose 1 percent, or $0.22, to trade at $22.03 per ounce. Earlier in the day, it hit $22.16, its highest price since October 31.
Articles Tagged "federal reserve"
Thus far this week silver has managed to keep its head above $21, even in the face of news that the US Federal Reserve may raise interest rates sooner than previously expected.
Today, silver fell 0.8 percent, or $0.17, to trade at $21.72 an ounce. Investors are taking a conservative approach to the metal ahead of this afternoon's release of the US Federal Reserve's January meeting minutes.
Today, silver rose 0.1 percent, or $0.02, to $20.25 an ounce. Analysts attribute the moderate rise to statements made by new Federal Reserve Chair Janet Yellen on Tuesday.
Today, silver fell 0.3 percent, or $0.06, hitting $20 an ounce. That's in contrast to gold, which rose to a three-month high on the back of comments from new Federal Reserve Chair Janet Yellen.
While silver initially moved upward after the Fed said it will be reducing its bond buying by an additional $10 billion per month, today it has taken a fairly precipitous fall.
This morning, silver was up 0.7 percent, or $0.14, to $19.69 an ounce.
Today, silver rose 0.2 percent, to $19.72 an ounce.
Silver was steady at $19.85 per ounce this morning as investors wait to see what impact the US Federal Reserve's upcoming meeting will have on its bond-buying program.
Silver was flat today at $19.86 per ounce, according to Reuters. Meanwhile, silver futures for March delivery gained 0.1 percent, or $0.02, to $19.89 per ounce.