Silver Holds Above $86
2026-03-12 13:40
By
Felipe Alarcon
1 min. read
Silver climbed above $86 per ounce on Thursday as investors balanced safe haven demand stemming from the escalating Middle East conflict against a strengthening dollar and higher Treasury yields.
While liquidations from margin calls on falling equities create volatility across precious metals the geopolitical risk premium remains a critical support factor.
February consumer price data confirmed persistent inflationary pressures and this has combined with surging oil prices to dampen market expectations for imminent Federal Reserve interest rate cuts.
The jump in ten year Treasury yields to a five week high creates a challenging environment for non yielding assets but institutional interest continues to act as a floor for prices.
Traders are now focusing on the upcoming personal consumption expenditures index to gauge if the current inflationary trend will force a permanent shift in central bank policy or if these pressures will prove to be temporary.