Silver Extends Fall as US-Iran in Focus

2026-04-06 23:56 By Jam Kaimo Samonte 1 min. read

Silver fell toward $72 per ounce on Tuesday, extending losses as investors focused on President Donald Trump’s threat to target Iranian civilian infrastructure unless his demands are met, heightening concerns about the economic impact of a prolonged conflict.

Trump warned he could strike Iranian power plants and bridges if his conditions are not met by Tuesday 8 p.m.

Eastern Time, including the reopening of the Strait of Hormuz.

This overshadowed signs that the US and Iran may be moving closer to a ceasefire agreement through mediators.

Silver remains down more than 20% since the conflict began, as surging energy prices tied to the Iran war fueled inflation fears and increased the likelihood that central banks will delay cutting interest rates or even raise them.

Markets now expect the Federal Reserve to keep rates unchanged through the rest of the year, compared with earlier projections of two rate cuts.



News Stream
Silver Near $72 as Iran Tensions Flare
Silver hovered around $72 per ounce on Tuesday, oscillating between modest gains and losses as traders adopted a "wait-and-see" approach ahead of President Trump’s Iran deadline. The ultimatum, which demands Iran reopen the Strait of Hormuz and agree to a ceasefire or face military action, has done little to ease tensions, with hostilities intensifying: Tehran reported attacks on Kharg Island, a vital oil hub, and the Yahya Abad railway bridge, while warning of strikes "beyond the region" if the US oversteps its boundaries. Yet, despite the escalating conflict, silver remains 20% below pre-war levels, pressured by a stronger US dollar and shifting Fed expectations. With traders betting against rate cuts, the precious metal’s safe-haven appeal has weakened, leaving prices subdued amid the geopolitical storm.
2026-04-07
Silver Stagnates as Iran Deadline Nears
Silver held steady at $72.7 per ounce on Tuesday, with markets in a "wait-and-see" mode ahead of Trump’s deadline for Iran. The US president has warned that Iran must reopen the Strait of Hormuz and agree to a ceasefire, or risk military action, threatening massive strikes on Iranian infrastructure. Despite the escalating tensions, silver has plunged over 20% since the conflict began, pressured by soaring energy prices that have intensified inflation concerns. This has led central banks to reconsider monetary easing, with the Federal Reserve now expected to hold rates steady, a shift from pre-war expectations of cuts. Meanwhile, markets are pricing in two Bank of England hikes this year and three from the European Central Bank, further dampening silver’s appeal as a safe-haven asset.
2026-04-07
Silver Extends Fall as US-Iran in Focus
Silver fell toward $72 per ounce on Tuesday, extending losses as investors focused on President Donald Trump’s threat to target Iranian civilian infrastructure unless his demands are met, heightening concerns about the economic impact of a prolonged conflict. Trump warned he could strike Iranian power plants and bridges if his conditions are not met by Tuesday 8 p.m. Eastern Time, including the reopening of the Strait of Hormuz. This overshadowed signs that the US and Iran may be moving closer to a ceasefire agreement through mediators. Silver remains down more than 20% since the conflict began, as surging energy prices tied to the Iran war fueled inflation fears and increased the likelihood that central banks will delay cutting interest rates or even raise them. Markets now expect the Federal Reserve to keep rates unchanged through the rest of the year, compared with earlier projections of two rate cuts.
2026-04-06