Silver price rises 1.14% to near $57.80
Silver price trades higher to near $57.80 during the Asian trading session.
The white metal gains despite oil prices rebounding strongly due to renewed US-Iran conflicts.
The WTI Oil price is up 3.65% to near $81.20, snapping a three-day losing streak.
Investors await the Federal Reserve’s monetary policy announcement, with a 69.5% chance of unchanged interest rates.