Spot ‍silver ‍jumped above ​the key $90 an ounce ⁠level for ⁠the first time ‌as soft U.S. ⁠inflation data cemented interest rate cut ⁠bets by the ​U.S. Federal Reserve on the ‍back of ​geopolitical tensions, robust industrial and investment demand and tightening inventories.

Silver prices rose more than 3% ⁠to $90 ‌per ounce by ‌0308 GMT. (Reporting ⁠by Ishaan Arora ⁠in Bengaluru;)