Silver Prices Dip Below $57 Amid Pre-Fed Market Uncertainty

Silver prices dipped below $57 on [Current Date] as investors took a cautious stance ahead of the Federal Reserve's monetary policy meeting. The decline reflects broader market uncertainty over interest rate signals and their potential impact on non-yielding assets like precious metals.

The primary driver behind silver's retreat is the upcoming Fed meeting, where policymakers are expected to announce their next interest rate decision. Higher interest rates increase the opportunity cost of holding non-yielding assets such as silver and gold, making them less attractive to investors.

Silver's move below $57 comes amid a broader pullback in precious metals. Gold has also eased from recent highs, while the U.S. dollar index has strengthened, adding headwinds for dollar-denominated commodities.