Silver Drops on Strong Dollar, Yields

2026-03-03 06:33 By Jam Kaimo Samonte 1 min. read

Silver declined as much as 7% to $83 per ounce on Tuesday, extending prior-session losses as a firmer dollar and higher Treasury yields offset demand for traditional safe-haven assets.

The greenback strengthened as investors sought the reserve currency amid surging energy prices tied to the Middle East conflict.

Rising fuel costs also amplified inflation concerns, pushing bond yields higher as markets reassessed the outlook for Federal Reserve policy.

Expectations for the next Fed rate cut have been deferred to September from earlier projections of July, although two 25 basis point reductions remain priced in.

Meanwhile, the US military is expected to intensify strikes on Iran, potentially targeting missile production facilities, drones and naval assets.

A senior Iranian official also warned that vessels attempting to transit the Strait of Hormuz could be targeted, with tanker traffic effectively stalled amid heightened security risks.



News Stream
Silver is down by 5.16%
Silver decreased 5.16% to 84.675 USD/t.oz
2026-03-03
Silver Drops on Strong Dollar, Yields
Silver declined as much as 7% to $83 per ounce on Tuesday, extending prior-session losses as a firmer dollar and higher Treasury yields offset demand for traditional safe-haven assets. The greenback strengthened as investors sought the reserve currency amid surging energy prices tied to the Middle East conflict. Rising fuel costs also amplified inflation concerns, pushing bond yields higher as markets reassessed the outlook for Federal Reserve policy. Expectations for the next Fed rate cut have been deferred to September from earlier projections of July, although two 25 basis point reductions remain priced in. Meanwhile, the US military is expected to intensify strikes on Iran, potentially targeting missile production facilities, drones and naval assets. A senior Iranian official also warned that vessels attempting to transit the Strait of Hormuz could be targeted, with tanker traffic effectively stalled amid heightened security risks.
2026-03-03
Silver Remains Volatile
Silver held below $90 per ounce on Tuesday after losing nearly 5% in the previous session, remaining volatile and underperforming other safe-haven assets despite risks of further escalations in the Middle East. The white metal also came under pressure from the rallying dollar which emerged as a clear winner as investors rushed for the reserve currency amid surging energy prices. Markets have pushed back expectations for the next Federal Reserve rate cut to September from prior forecasts of July, though two 25 basis point reductions remain priced in. The US military is anticipated to escalate attacks on Iran, potentially targeting missile production facilities, drones and naval assets. Meanwhile, a senior Iranian official warned that ships attempting to transit the Strait of Hormuz could be targeted, with tanker flows effectively halted amid elevated security risks.
2026-03-03