Core inflation, which excludes volatile food and energy prices, increased 0.2% MoM and 2.5% YoY, also matching forecasts. US Treasury yields also decline, with the 2-year yield falling by around four basis points to trade near 4.18%. Lower bond yields tend to support non-yielding precious metals such as Silver by reducing their opportunity cost. This combination of a slightly weaker US Dollar, lower US Treasury yields and persistent geopolitical risk allows Silver to maintain strong bullish momentum on Wednesday. The metal also remains above an upwards-sloping trend-line support, now coming in around $65.57, which reinforces a constructive structure after the latest advance.