Summary Box: Silver rise on inflation concerns

AP News
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Posted: Apr 25, 2011 4:29 PM
Summary Box: Silver rise on inflation concerns

SILVER'S POLISH: Silver stopped short of $50 an ounce on inflation worries ahead of the Federal Reserve meeting.

WATCHING THE FED: The Federal Reserve is set to meet this week. It's expected to say it will keep interest rates near zero and that the $600 billion bond-buying program will continue until the end of June.

DOLLAR IMPACT: The Fed's rates have weighed on the dollar as other central banks begin to raise interest rates because of inflation fears.