Influencing Factors and Economic Indicators The movement in silver prices is largely attributed to the softening U.S. dollar and the anticipation of a potential shift in the Federal Reserve’s interest rate policy. Market Sentiment and Federal Reserve Outlook Despite the looming ‘higher for longer’ inflation control strategy, investors are increasingly focusing on the potential timing and pace of future rate cuts by the Fed. The current sentiment, influenced by a mix of weakening dollar and Fed policy expectations, presents a cautiously optimistic view for silver prices in the near future.