Silver price today: XAG/USD near $113 after record run as Fed decision looms
Spot silver slipped 0.2% to $112.82 an ounce Wednesday, after hitting a record $117.69 on Monday. The CME raised margin requirements on Comex silver futures following sharp price swings and record trading volumes. The dollar hovered near four-year lows ahead of the Federal Reserve’s policy decision later today. Silver-linked stocks and Indian silver imports also jumped amid volatility.