Silver prices lost 18 cents or 0.62 percent to close at $28.74 an ounce.
The dollar index fell 0.4 percent to 82.84 on the International Exchange.
Against the dollar, the euro was at $1.2935 from Tuesday's $1.2883. Against the yen, the dollar was higher at 96 yen from 95.17 yen.
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