Silver Rebounds After Unexpectedly Weak US GDP
2026-03-13 13:12
By
Felipe Alarcon
1 min. read
Silver prices rebounded past 84 dollars per ounce on Friday as market participants balanced cooling domestic economic growth against the persistent strength of the US dollar.
Despite recent downward revisions to Q4 2025 GDP growth to 0.7% and a slowing annual PCE inflation rate of 2.8%, the dollar remains elevated as a safe haven amidst ongoing geopolitical tensions in the Middle East.
This strengthening of the greenback, coupled with the postponement of Federal Reserve rate cut expectations to September, continues to provide a headwind for non yielding assets.
While the rebound past 84 dollars suggests underlying support, the white metal remains caught between its dual identity as a store of value and an industrial component vulnerable to broader economic deceleration.
Investors continue to monitor energy price volatility and its potential to stoke further inflationary pressure, even as recent data suggests a more temperate consumer spending environment.