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Silver Stuck at 17.00 as Drifting Continues
Silver prices are showing little movement on Thursday. In the European session, the metal is trading at $17.05, down $0.08 or 0.49% on the day. The Federal Reserve minutes of the October meeting failed to garner much of a reaction from precious metals, as both gold and silver were unchanged on Wednesday. Policymakers said that the Fed would take a break from recent rate trimming, unless there was a significant change in economic conditions. Although the Fed cut rates in October for a third straight time, that cut was accompanied by hawkish language, as the Fed sought to reassure investors that the U.S. economy was in ... (full story)