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Silver Price Forecast: XAG/USD plunges to near $41.70 ahead of Fed’s monetary policy outcome

Silver price (XAG/USD) is down almost 2% to near $41.70 during the European trading session on Wednesday. The white metal dives swiftly ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.
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ECB's tracker sees wage growth falling further in 2026

The European Central Bank's (ECB) wage tracker suggested on Wednesday that wage pressures are expected to remain lower and more stable in the first half of 2026.
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