Silver prices edged higher to around $30.40 in Wednesday’s Asian session as investors awaited the Federal Reserve’s interest rate decision. The Fed is expected to keep rates steady at 4.25%–4.50%, with markets closely watching the press conference for future policy signals. Uncertainty over U.S. trade policies under the Trump administration and safe-haven demand due to the Russia-Ukraine conflict supported silver. However, concerns over China’s slowing economy, with its PMI contracting to 49.1 in January, could weigh on silver demand. The Fed’s stance on U.S. economic policies will play a key role in shaping silver’s near-term direction.


