Silver price (XAG/USD) has edged lower, currently trading around $36.50 per troy ounce after gaining in the previous sessions. Despite recent declines, concerns over US Federal Reserve independence may limit further downside potential. Investors need to be mindful of these market dynamics as they consider their positions in precious metals. Understanding how geopolitical and domestic factors interplay with silver markets will be crucial in informing trading strategies. What will the next steps be for silver as it navigates these complexities?