Silver Trades Near Four-Week Low

2026-03-17 10:31 By Kyrie Dichosa 1 min. read

Silver fell to around $80 per ounce on Tuesday, hovering near a one-month low, as markets continued to assess the inflationary risks from the Middle East conflict and potential impacts on monetary policy.

The US–Israel–Iran tensions have entered their third week, with Iran stepping up attacks on energy infrastructure across the region.

While the unrest has driven investors toward safe-haven assets, it has also kept energy prices elevated, raising concerns that sustained increases could intensify inflationary pressures and reinforce central banks’ hawkish stance.

Investors anticipate that the Federal Reserve will hold interest rates steady for a second consecutive meeting, while other major central banks, including the ECB, BoE, and BoJ, are also expected to maintain their current policy settings.

Despite recent weakness, silver remains up about 12% year-to-date, supported in part by a projected supply deficit in 2026 and robust industrial demand from the electronics sector.



News Stream
Silver Trades Near Four-Week Low
Silver fell to around $80 per ounce on Tuesday, hovering near a one-month low, as markets continued to assess the inflationary risks from the Middle East conflict and potential impacts on monetary policy. The US–Israel–Iran tensions have entered their third week, with Iran stepping up attacks on energy infrastructure across the region. While the unrest has driven investors toward safe-haven assets, it has also kept energy prices elevated, raising concerns that sustained increases could intensify inflationary pressures and reinforce central banks’ hawkish stance. Investors anticipate that the Federal Reserve will hold interest rates steady for a second consecutive meeting, while other major central banks, including the ECB, BoE, and BoJ, are also expected to maintain their current policy settings. Despite recent weakness, silver remains up about 12% year-to-date, supported in part by a projected supply deficit in 2026 and robust industrial demand from the electronics sector.
2026-03-17
Silver Finds Support
Silver rose above $81 per ounce on Tuesday, gaining support this week as the dollar and Treasury yields eased on lower oil prices, which helped temper inflation concerns. Oil retreated at the start of the week following the safe passage of several tankers through the Strait of Hormuz. US Treasury Secretary Scott Bessent said the US is allowing Iran to continue shipping crude via Hormuz, while President Donald Trump is seeking support from other countries to safeguard commercial activity in the waterway. Investors are also anticipating a likely rate hold from the US Federal Reserve this week as policymakers navigate uncertainties stemming from the Iran war. Silver’s gains are further underpinned by a projected 67 million-ounce supply deficit for 2026 and strong industrial demand from the electronics sector.
2026-03-17
Silver Lacks Direction
Silver prices swung between gains and losses around $80 per ounce on Monday as a correction in global energy markets and a retreat in US Treasury yields reduced the immediate demand for inflation-hedging assets. West Texas Intermediate crude dropping back toward $95 a barrel has effectively diminished the urgent risk premium that previously fueled the rally in precious metals. This shift is reinforced by the Federal Reserve being widely expected to maintain a restrictive policy stance during its meeting this week, which increases the opportunity cost of holding non-yielding metals. Despite these bearish drivers, silver maintains underlying support from a projected 67 million ounce supply deficit for 2026 and robust industrial demand from the electronics sector. Investors are balancing easing energy supply fears against the enduring appeal of silver as the Middle East conflict enters its third week ahead of the Fed's decision
2026-03-16