The momentum of silver price (XAGUSD) has waned. The metal is down for the past three consecutive days and is down by more than 4% today. It is trading at $23.30, which is significantly lower than this week’s high of $26.18. Other metals have also declined, with copper price falling by 0.80% and gold price declining by 0.40%. Silver price falls because of the stronger US dollar The main reason why silver price is falling today is because of the stronger US dollar. The closely-watched US dollar index has jumped by about 0.10% today in reaction to the mild interest rate decision by the Federal Reserve. Gold and silver ... (full story)