The price of silver fell 2.5% on Wednesday, retreating from an all-time high in euros at the beginning of the month. At the same time, the demand for safe-haven assets seems to have lessened as investors widely expected the United States Federal Reserve to deliver its first rate cut in 2025. At 6:16 am ET, silver contracted 2.7% to exchange for $41.42 per ounce. At the same time, gold ceded 0.63% and changed hands for $3,666.28 per ounce. Two minutes later, platinum lost 1.13% and sold for $1,384.19 per ounce, while palladium decreased 2% to sell for $1,140.63 per ounce.