Silver Rallies to $79 as Iran Talks Weaken Dollar

2026-04-14 14:36 By Joana Ferreira 1 min. read

Silver rose nearly 5% to $79 per ounce on Tuesday, its highest since mid-March, as progress in US-Iran negotiations pressured the dollar and pushed oil below $100 a barrel, easing inflation worries.

Though weekend talks stalled and the Strait of Hormuz blockade began, US officials indicated further negotiations before the ceasefire deadline.

The dollar dropped to a one-month low, and crude prices fell on hopes for a lasting deal, reducing inflation and rate hike fears.

Markets now assign a nearly 30% probability to a Fed rate cut this year.

Despite the rebound, silver remains nearly 20% below its pre-conflict level.



News Stream
Silver Hits 4-week High
Silver increased to 79.67 USD/t.oz, the highest since March 2026. Over the past 4 weeks, Silver lost 1.45%, and in the last 12 months, it increased 142.43%.
2026-04-15
Silver Holds Gains on US-Iran Optimism
Silver traded above $79 an ounce on Wednesday after surging more than 5% in the previous session, supported by hopes that the US and Iran can strike a deal to end the conflict, easing fears of an energy-led inflation shock. Washington and Tehran are reportedly working to schedule a second round of peace talks in the coming days after last weekend’s negotiations collapsed. The US is continuing its naval blockade of Iranian oil exports in the Strait of Hormuz, while Iran is considering a temporary suspension of shipments through the route to help advance a potential agreement. Meanwhile, crude oil retreated below $90 per barrel and the dollar index slipped to a six-week low, lending further support to precious metals. Markets have also dialed back hawkish expectations for monetary policy, with the Federal Reserve adopting a wait-and-see stance as it evaluates inflation risks.
2026-04-15
Silver is up by 5%
Silver increased 5% to 79.306 USD/t.oz
2026-04-14