Silver is trading 3% down at $57.20 as traders turn cautious ahead of the Federal Reserve’s two-day policy meeting.
- Investors are reassessing inflation, interest rates, and safe-haven demand, leading to a partial unwinding of recent gains.
- The downward move follows a period of growth driven by easing Iran tensions and plunging oil prices.
- Despite the retreat in early U.S. trading, the metal maintains a strong year-on-year performance.