Silver Price Today: Here’s Why Silver Is Falling Again Before the Fed Decision

Silver price is falling again, with XAG/USD trading near $57.30 after another weak session. The two-hour chart shows silver struggling to hold the recovery that followed last week’s drop toward $55. After bouncing toward the upper-$57s, price has started rolling over again and is now back near the middle of its recent range. The timing is important because the Federal Reserve’s next policy meeting is only days away. The Fed’s official calendar shows the October FOMC meeting will take place on October 27-28, with the policy decision scheduled for 2:00 p.m.

Source: CaptainAltcoin