Silver Rallies on Mideast Optimism

2026-03-25 00:46 By Jam Kaimo Samonte 1 min. read

Silver climbed 4% to around $74 per ounce on Wednesday, extending gains for a third straight session as optimism for an end to the prolonged Middle East conflict grew on reports that the US was pursuing talks with Iran.

Israeli media indicated that Washington was seeking a one-month ceasefire to facilitate negotiations, while the New York Times reported that the US had sent Iran a 15-point proposal to resolve the conflict.

This improved sentiment persisted even after President Donald Trump ordered the deployment of about 2,000 troops to the region, as the administration weighed options to ease Iran’s control over the Strait of Hormuz.

Silver has previously plunged as much as 37% from its March peak as elevated energy prices driven by the Iran war fueled inflation concerns and reinforced expectations that major central banks may raise interest rates this year.

Federal Reserve Governor Michael Barr said the central bank may need to keep rates elevated for some time to address inflation.



News Stream
Silver Rallies on Mideast Optimism
Silver climbed 4% to around $74 per ounce on Wednesday, extending gains for a third straight session as optimism for an end to the prolonged Middle East conflict grew on reports that the US was pursuing talks with Iran. Israeli media indicated that Washington was seeking a one-month ceasefire to facilitate negotiations, while the New York Times reported that the US had sent Iran a 15-point proposal to resolve the conflict. This improved sentiment persisted even after President Donald Trump ordered the deployment of about 2,000 troops to the region, as the administration weighed options to ease Iran’s control over the Strait of Hormuz. Silver has previously plunged as much as 37% from its March peak as elevated energy prices driven by the Iran war fueled inflation concerns and reinforced expectations that major central banks may raise interest rates this year. Federal Reserve Governor Michael Barr said the central bank may need to keep rates elevated for some time to address inflation.
2026-03-25
Silver Struggles at $70 as Middle East Tensions, Fed Policy Bite
Silver hovered around $70 per ounce on Tuesday, oscillating between small gains and losses amid mixed signals on a Middle East diplomatic breakthrough. While President Trump delayed US strikes on Iran, citing "positive talks", a claim Tehran rejected as "psychological warfare", reports hinted at possible indirect negotiations. Tensions escalated further as the Wall Street Journal reported that Saudi Arabia and the UAE may join the conflict, and an Israeli official told CNN that a ceasefire remains "out of reach" due to Iran’s unwillingness to compromise. Israel’s Defense Minister reiterated plans to "continue striking Iran with full force." The metal stayed near its lowest level since December, pressured by rising energy prices and inflation concerns. With Fed rate cuts now off the table for 2026, traders are preparing for additional tightening from other key central banks.
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Silver Remains Volatile
Silver traded above $69 per ounce on Tuesday, shifting between gains and losses amid heightened Middle East tensions as Iran denied holding talks with the US to end the conflict. Tehran dismissed President Donald Trump’s announcement as an attempt to influence financial markets while launching new attacks on US targets, with Israel also continuing strikes against Iran and Lebanon. On Monday, silver had staged a sharp intraday rebound after Trump postponed planned US strikes on Iranian energy infrastructure and claimed negotiations were underway. The outcome of any talks and the potential reopening of the Strait of Hormuz remain highly uncertain, keeping inflation risks elevated. Silver had fallen as much as 37% from its March peak as rising energy prices stoked inflation concerns and reinforced expectations of further interest rate hikes.
2026-03-24