Silver Recovers Sharply

2026-02-09 16:46 By Felipe Alarcon 1 min. read

Silver jumped over 6% toward $83 per ounce on Monday, extending last week’s rebound after a historic liquidation briefly erased nearly half of its value.

The recovery was driven by easing US inflation expectations, softer real yields and a weaker dollar ahead of key US labour and CPI releases that could reinforce expectations for Federal Reserve easing later this year.

One year ahead US inflation expectations fell to 3.1% while longer term measures remained stable, materially reducing the real rate headwind for non yielding metals.

Geopolitical risk provided secondary support as US Iran talks lowered immediate escalation risk without removing broader tail risks.

In Japan, a landslide election victory for Prime Minister Sanae Takaichi’s ruling coalition strengthened expectations for expansionary fiscal policy, further supporting precious metals demand.

Markets now await US jobs and inflation data for clearer guidance on the policy outlook.



News Stream
Silver Falls Sharply as Iran Conflict Fuels Dollar, Rate Fears
Silver prices plunged slid over 2% to around $73 per ounce, dragged down by a rising US dollar and oil prices after President Donald Trump vowed to escalate attacks on Iran, fueling inflation concerns and shifting market expectations from pre-war rate cut hopes to the likelihood of unchanged Federal Reserve policy in 2026. While Trump claimed US forces had "nearly accomplished" their military goals, he offered no exit strategy for the month-long war, instead pledging to strike Iran "extremely hard" over the next "two to three weeks." Tehran, on the other hand, denied Trump’s claim that it had requested a ceasefire, insisting the Strait of Hormuz remains under IRGC control. The dollar’s safe-haven surge pressured precious metals, with silver already down more than 20% since the conflict erupted on February 28.
2026-04-02
Silver is down by 5%
Silver decreased 5% to 71.326 USD/t.oz
2026-04-02
Silver Slides Over 6%
Silver prices slid more than 6% toward $70 per ounce on Thursday as the US dollar gained ground following President Donald Trump’s prime-time address. Trump offered no clear end date for the Middle East conflict and noted that the US had nearly achieved its strategic goals in Iran but cautioned that the military campaign could intensify over the next two to three weeks. The remarks pushed the US dollar higher, as it has recently emerged as a safe-haven asset, putting pressure on dollar-denominated precious metals. Meanwhile, oil prices climbed again, stoking inflation worries and fueling expectations of tighter monetary policy, which in turn pushed yields higher and added further pressure on dollar-based assets. Markets have recently ruled out any US rate cuts in 2026, a sharp shift from pre-war projections of two reductions.
2026-04-02