Silver price near $116 after a $121 spike; traders size up Fed pause and Friday data
Spot silver fell 0.5% to $115.93 an ounce late Thursday after swinging between $106.80 and $121.76, Kitco data showed. The iShares Silver Trust ended flat at $105.57. The dollar weakened against major currencies as traders awaited U.S. inflation data due Friday. Weekly U.S. jobless claims edged down to 209,000, leaving rate outlooks uncertain.