Silver price near $114 as Fed decision looms; SLV ETF climbs and Citi flags $150 target
Spot silver rose 1% to $114.13 an ounce Wednesday, near Monday’s record, as investors awaited the Fed’s rate decision. The SLV silver ETF gained 1.1%. Citi raised its short-term silver target to $150. CME Group reported record metals trading volume this week.