Silver futures surge to four-week high on inflation hopes

Silver is a shiny metal that people buy and sell.

Its price went up a lot recently.

It climbed to its highest point in four weeks.

The price went up because people think prices of everyday things may stop rising so fast.

That is called easing inflation.

People also heard about a possible deal to reopen the Strait of Hormuz.

Many oil ships travel through that waterway.

If it reopens, oil prices may stay calm, which helps control inflation.

When inflation calms down, the Federal Reserve may not raise interest rates.

That made people feel more confident about buying silver.