Overview Comex silver prices experienced a hesitant start on Wednesday, as traders approached the market with caution in anticipation of the U.S. Federal Reserve’s policy decision later in the day. Loose Fed Will Support Uptrend While silver is sensitive to rising interest rates due to the opportunity cost of holding non-yielding bullion, the medium-term outlook remains positive. Additionally, traders are keenly monitoring the June personal consumption expenditures (PCE) print, a crucial inflation gauge preferred by the Fed, due on Friday.