Silver Price Rallies 1.24% on MCX Despite Stronger Dollar; What's Next?

• Silver prices surged 1.24% on MCX to Rs 2,44,390 per kilogram, despite a stronger dollar and easing geopolitical tensions.
• Geopolitical developments and industrial demand supported silver, trading 1.13% higher at $78.51 per ounce on Comex.
• Markets await the Fed's January meeting minutes for clearer signals on interest rate trajectory, impacting precious metals.
• Strong US dollar and reduced likelihood of aggressive rate cuts are creating headwinds for gold and silver.
• Report predicts silver to trade weak, consolidate in $70–$90 range; advises 'buy-on-dips, sell-on-rallies' strategy.