Silver falls below $15 again, with Fed decisions in focus

Silver prices fell in European markets today below $15 per ounce, heading for the third loss in the last four days, as demand for safe havens slowed, while investors anticipate the results of the Federal Reserve's monetary policy meeting, in search for new evidence on the future of US interest this year.

As of 11:35 GMT, silver prices fell more than 0.5% to $14.92 per ounce, from the opening of $15.00, with the highest at $15.02 and the lowest at $14.91.

Yesterday, the white metal gained 1.15%, the first gain in three days, as most precious metal prices rebounded in the global market.

S&P 500 futures rose on Wednesday near a one-and-a-half month high that been reached on Wall Street yesterday, and European equities also rose near a six-week high as investors' risk appetite improved after the announcement of a meeting between the US president and Chinese leader On the sidelines of the G20 summit.

Donald Trump announced on Tuesday that preparations are being made for his meeting with Chinese President Xi Jinping at the G20 summit in Osaka, Japan, next week.

The Federal Reserve will conclude its meeting on monetary policy appropriate to developments in the US economy yesterday, amid full prospects for US interest rates to remain unchanged at 2.50% for the fifth meeting in a row.

The Federal Reserve will conclude its monetary policy meeting later today, with expectations that interest rates will remain unchanged at 2.50%, with new evidence expected on the possibility of a US rate cut in the next few months.

Investors are looking for new evidence for the future of US interest this year, especially as there are strong prospects that the Federal Reserve will cut interest rates to counter the risks surrounding the economy, especially US trade wars against several countries.