Silver Pares Losses

2026-03-09 12:41 By Joana Taborda 1 min. read

Silver prices pared most of their early losses to trade only slightly lower at $83.9 per ounce on Monday, as traders continued to assess the conflict with Iran and its economic implications.

A surge in energy markets pushed oil prices above $100 a barrel, fueling concerns about accelerating inflation and increasing expectations that central banks worldwide and particularly the Fed may need to adopt a more hawkish stance to contain price pressures.

A stronger dollar and rising bond yields also weighed on metal prices, while safe-haven demand provided little support.

Silver has fallen about 10% since the start of the conflict with Iran.

Additionally, the metal faced further pressure from worries that higher energy costs could slow global growth and weaken industrial demand, a key pillar of silver consumption.



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