Silver is growing its four-day winning streak and is trading at $25.72, gaining 26.2 cents.

The CME Silver future is rallying again to $25.72 per troy ounce (up 26.2 cents), after erasing earlier gains.

United States Initial Jobless Claims data will be released today at 12:30 UTC, with an expected decline to 232,000.

Uptick comes while some more positive signs for CME Silver are out as United States Crude Oil Inventories beat analyst expectations of -583,000 and the previous reading of -3.74 million with new data of 597,000.

At the same time, United States Consumer Price Index released yesterday at 12:30 UTC with a figure of 0.1%, while the previous figure was 0.4%. United States Consumer Price Index came out at 5%, while a consensus of analysts was expecting 5.2%.

Momentum evaluation shows that according to technical analysis of Silver's Relative Strength Index (RSI), the market is currently overbought. Chart analysis suggests the CME Silver future could be slowing down soon as it approaches resistance at $25.91. Of course, crossing it might suggest further gains are ahead.

Rallies can also be seen in other Metals, having closed the previous session at $2,025, Gold is up 0.88% today to currently trade at around $2,042.8. Having closed the previous session at $1,027.5, Platinum is up 1.44% today to currently trade at around $1,042.3. Having closed the previous session at $4.08, Copper is up 0.89% today to currently trade at around $4.12.

Today's gains are adding to bullish investor sentiment as robust macro data is expected for release later today; United States Producer Price Index is projected to outperform its last figure with 0.1%. It previously stood at -0.1%; data will be released today at 12:30 UTC.

Also worthy of note, tomorrow at 12:30 UTC data for United States Core Retail Sales will be released, with an expected decline to -0.3% from the preceding figure of -0.1%. United States Initial Jobless Claims projected to decline to 232,000 while previous data was 228,000; data will be released today at 12:30 UTC.

The commodity has been trending positively for about a month. CME Silver has appreciated 34.91% over the past six months.