Silver prices rose by 0.82%, settling at ₹89,118 per kg, driven by supportive inflation data that strengthened prospects for Federal Reserve rate cuts in 2024. Core PCE inflation, the Fed’s preferred measure, showed its smallest increase in six months, raising hopes for monetary easing despite hawkish signals in the latest FOMC projections. www.thealgotechnology.com
Silver Gained As Inflation Data Favored The Resumption Of Rate Cuts By Fed.www.thealgotechnology.com
