Silver traded close to record levels on Monday following modest profit-taking ahead of this week’s Federal Reserve interest rate announcement, whilst gold edged marginally higher, said Bloomberg News. The white metal recovered from earlier losses of up to 1.4% during Asian trading, hovering within a dollar of last session’s historic peak of $59.3336 per ounce. Investor appetite remains robust, with silver-backed exchange-traded funds recording their strongest weekly inflows since July, attracting nearly 590 tons and signalling confidence in further gains. However, technical indicators suggest caution. Silver’s 14-day ... (full story)