Silver Heads for Third Weekly Decline

2026-02-13 00:26 By Jam Kaimo Samonte 1 min. read

Silver steadied around $76 per ounce on Friday but was still set to decline for the third straight week, following another widespread selloff on Thursday as volatility returned.

Thursday’s decline lacked a clear catalyst, although simultaneous losses in equities and cryptocurrencies point to forced liquidation across asset classes, potentially amplified by systematic and algorithmic trading.

Investors are now focused on the latest US inflation data, which could help shape expectations for Federal Reserve policy.

Stronger-than-expected US jobs figures released earlier this week reduced the likelihood of a near-term rate cut, with markets now pricing in a first move in July rather than June.

Nonetheless, the Fed is still expected to deliver roughly two 25-basis-point rate cuts by year-end.

Silver and other precious metals may also draw support from debasement concerns, as investors reallocate capital away from fiat currencies and sovereign bonds toward hard assets.



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