Silver price on Comex gains ground on expectations of Fed rate cuts in 2024.
The non-yield asset like Silver appreciates as US Treasury yields decline.
The price of Silver follows the upward movement in Gold prices, supported by increased consumer and industrial demand.
Israel's Foreign Affairs Minister, Israel Katz, affirmed that Israel would retaliate if Iran attacks its territory.
The escalating geopolitical tensions in the Middle East are driving investors towards safe-haven assets like Silver.
Investors adopt a cautious stance, anticipating potential policy shifts influenced by the incoming US CPI data.
The US inflation data could likely have a significant impact on the US Dollar-denominated XAG/USD.
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