Silver fell 5.45% to Rs 179,132 as the US PCE price index rose 0.5% month-on-month in September, with annual inflation at 3.6% and core PCE at 3.1%. US third-quarter GDP grew 3.4%, above expectations, and markets priced a roughly 75% probability of a December Fed rate hike.
Stronger US inflation and growth data raise the likelihood of tighter monetary policy, which supports the dollar and pressures commodity prices, including grains and oilseeds that are priced in dollars. The silver-specific supply outlook does not directly affect feed inputs.
After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.