Silver Surges Over 5%

2026-02-20 16:24 By Felipe Alarcon 1 min. read

Silver surged over 5% to trade near $82 per ounce on Friday as a retreat in the US dollar after a Supreme Court ruling against global tariffs boosted the metals safe haven and industrial appeal.

The legal setback for the White House combined with escalating US-Iran tensions to reintroduce a risk premium that silver's volatility amplified.

Prices extended a rebound as traders weighed soft Q4 GDP of 1.4% against sticky 3% core PCE which complicated the Fed's rate path while FOMC minutes showed policymakers divided.

Despite initial thin liquidity during the Lunar New Year following the recent speculative blowoff, renewed participation is adding momentum as markets reopen.

The metal is finding a stable technical base above the 80 dollar mark as it balances its role as a crisis hedge with industrial demand for solar and AI sectors.

Silver is now on track for a strong weekly gain despite a cooling economy and persistent geopolitical shocks and a split FOMC.



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