Silver Rises as Trump Extends Iran Talks

2026-03-27 01:31 By Jam Kaimo Samonte 1 min. read

Silver strengthened to around $70 per ounce on Friday, reversing losses from the previous session as President Donald Trump postponed his deadline for Iran to secure a deal to end the war.

Trump pledged to refrain from targeting Iranian energy facilities until April 6, offering some relief to markets unsettled by nearly a month of hostilities.

He also noted that Iran had allowed 10 oil tankers to pass through the Strait of Hormuz this week as a “present” to the US.

Meanwhile, Iran confirmed it had rejected the US’ 15-point plan to end the war and submitted its own conditions, including recognition of Tehran’s authority over Hormuz.

On Thursday, silver fell more than 4% amid persistent doubts that the US and Iran can reach a ceasefire soon.

Precious metals came under heavy selling pressure as the Middle East conflict and rising energy prices fueled inflation concerns and reinforced expectations that major central banks could hike interest rates this year.



News Stream
Silver Rises as Trump Extends Iran Talks
Silver strengthened to around $70 per ounce on Friday, reversing losses from the previous session as President Donald Trump postponed his deadline for Iran to secure a deal to end the war. Trump pledged to refrain from targeting Iranian energy facilities until April 6, offering some relief to markets unsettled by nearly a month of hostilities. He also noted that Iran had allowed 10 oil tankers to pass through the Strait of Hormuz this week as a “present” to the US. Meanwhile, Iran confirmed it had rejected the US’ 15-point plan to end the war and submitted its own conditions, including recognition of Tehran’s authority over Hormuz. On Thursday, silver fell more than 4% amid persistent doubts that the US and Iran can reach a ceasefire soon. Precious metals came under heavy selling pressure as the Middle East conflict and rising energy prices fueled inflation concerns and reinforced expectations that major central banks could hike interest rates this year.
2026-03-27
Silver is down by 5%
Silver decreased 5% to 67.736 USD/t.oz
2026-03-26
Silver Mounts Further Losses
Silver prices fell around 3% to trade below $69.5 per ounce on Thursday as a stronger US dollar and rising Treasury yields dampened demand for non-yielding bullion. The dollar index edged up for a third consecutive session while the 10-year Treasury yield held around eight-month highs as investors weighed the end of a five-day pause in US strikes against Iranian energy infrastructure. Although the Trump administration reportedly delivered a 15-point peace proposal via Pakistan Tehran has shown little willingness to compromise while the US deployed additional troops to the region. These geopolitical tensions have kept energy prices elevated reinforcing inflation concerns and fueling expectations that the Federal Reserve will maintain steady interest rates. On the data front initial jobless claims matched forecasts at 210K while continuing claims fell to a near two-year low suggesting a resilient labor market.
2026-03-26