Silver price slips under $94 after record run as traders eye Fed meeting
Spot silver fell 1.6% to $93.46 an ounce by 10:28 a.m. ET Wednesday, retreating from Tuesday’s record $95.87. The U.S. dollar index slipped 0.15%. Indian silver premiums hit a record $8 an ounce as dealers scrambled for supply. The Global X Silver Miners ETF dropped 1.3% after a sharp rally, while Pan American Silver shares held steady.