Silver Climbs to New Highs on Rate-Cut Bets, Supply Tightness

Silver prices continued to climb, hitting fresh record highs on Wednesday as investors bet on an imminent interest-rate cut by the Federal Reserve and persistent market tightness."The rally was fuelled by expectations of a 25-basis-point Fed cut this week, alongside lingering physical supply constraints following October's historic supply squeeze driven by strong demand from India and silver-backed ETFs," MUFG analysts said."Although inventory pressures have eased as shipments boosted London vault stocks, t ...