Our silver price news today looks ahead at another volatile week for the white metal as global precious metal sentiment remains guarded.
In early-morning trading Monday, spot silver was trading down 1.5% at $21.88.
Silver traders are closely watching the Wednesday outcome of the Federal Open Market Committee's (FOMC) two-day meeting to see if the U.S. Federal Reserve finally follows through on plans to start weaning the U.S. economy off five years of quantitative easing (QE).
The growing consensus is the Fed will implement a token trim. Expected from Fed Chief Ben Bernanke is the announcement of a $10 billion reduction to the Fed's $85 billion a month bond-buying program.