Silver Prices Climb Ahead of Warsh's Jackson Hole Speech

Silver prices are gaining ground ahead of a closely watched address by the Fed chair at the annual Jackson Hole economic symposium. Precious metals are traditionally sensitive to interest rate expectations, as lower real rates make holding non-yielding assets like silver more attractive relative to interest-bearing ones. Beyond monetary policy, silver's price is also driven by industrial demand, particularly from electronics and solar panel manufacturing. Analysts expect volatility in the metal could spike right after the speech, depending on its tone. Investors holding precious metals positions should be prepared for sharp price swings on the day of the address.