Silver Extends Momentum

2026-02-18 19:35 By Felipe Alarcon 1 min. read

Silver rose above $77.2 per ounce, extending gains as investors digested the January FOMC minutes and maintained expectations for rate cuts later this year.

The minutes revealed a divide within the Federal Reserve, with several participants indicating cuts would be appropriate if disinflation continues, while others favoured holding rates steady for longer and even flagged the possibility of further tightening if inflation proves persistent.

Although the Fed left its benchmark rate unchanged at 3.5% to 3.75%, the mixed tone kept markets pricing a data dependent path that leaves room for easing.

That uncertainty supported non yielding assets such as silver, even as firmer Treasury yields and improved risk sentiment limited the upside.



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