Silver price (XAG/USD) rises to around $48.65 during the early European trading hours on Wednesday. The white metal edges higher to near the 14-year high amid mounting expectations of Federal Reserve (Fed) rate cuts and the ongoing US government shutdown.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
LME Copper prices extended the upward rally for a fourth straight session this morning, with prices moving above $10,785/t (the highest since May 2024), amid expectations of US interest rate cuts and ongoing supply disruptions, ING's commodity experts Ewa Manthey and Warren Patterson note.