Silver Recovers Further

2026-02-19 16:04 By Felipe Alarcon 1 min. read

Silver climbed past $78.5 per ounce, extending its advance as investors reassessed the US policy outlook and navigated a backdrop of resilient economic data and intensifying geopolitical risks.

Minutes from the Federal Reserve’s January meeting indicated that most officials see inflation risks as skewed to the upside, with several favoring a prolonged period of restrictive policy and some even acknowledging that further tightening could be warranted if price pressures fail to ease, prompting markets to scale back expectations for multiple rate cuts this year while still pricing in limited easing before year end.

Firmer labour market signals, including a drop in initial jobless claims to 206,000, reinforced the view that underlying demand remains steady.

At the same time, renewed tensions in the Middle East, alongside stalled diplomatic efforts between Russia and Ukraine, have supported safe haven allocations across precious metals.



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