Silver Holds Firm on Iran Deal Hopes

2026-05-21 00:49 By Jam Kaimo Samonte 1 min. read

Silver hovered near $76 an ounce on Thursday after climbing roughly 3% in the previous session, supported by growing optimism that an imminent peace agreement between the US and Iran could ease inflationary pressures and reduce concerns over interest rate hikes.

President Donald Trump said the US was in the final stages of negotiations with Iran, fueling expectations that the strategically important Strait of Hormuz may soon reopen.

The prospect of restored shipping flows triggered a sharp decline in oil prices, helping temper inflation fears and lowering expectations that central banks will need to tighten monetary policy.

At the same time, minutes from the Federal Reserve’s latest policy meeting showed that most officials believe a rate increase this year could still be warranted if inflation remains above the Fed’s 2% target.

Investors remain divided on whether the central bank will raise rates by December or leave borrowing costs unchanged through year-end.



News Stream
Silver Holds Firm on Iran Deal Hopes
Silver hovered near $76 an ounce on Thursday after climbing roughly 3% in the previous session, supported by growing optimism that an imminent peace agreement between the US and Iran could ease inflationary pressures and reduce concerns over interest rate hikes. President Donald Trump said the US was in the final stages of negotiations with Iran, fueling expectations that the strategically important Strait of Hormuz may soon reopen. The prospect of restored shipping flows triggered a sharp decline in oil prices, helping temper inflation fears and lowering expectations that central banks will need to tighten monetary policy. At the same time, minutes from the Federal Reserve’s latest policy meeting showed that most officials believe a rate increase this year could still be warranted if inflation remains above the Fed’s 2% target. Investors remain divided on whether the central bank will raise rates by December or leave borrowing costs unchanged through year-end.
2026-05-21
Silver Rises on Wednesday
Silver climbed above $76 an ounce on Wednesday amid growing hopes that the US-Iran conflict could soon be resolved, after reports indicated that President Trump said a deal with Iran was in its “final stages”. The prospect of easing geopolitical tensions helped push oil prices lower for a second consecutive session, fueling expectations that the inflationary impact of the recent energy shock may remain contained and reducing pressure on central banks to raise interest rates further. Those expectations persisted despite minutes from the Fed’s April FOMC meeting showing that a majority of policymakers believe additional rate hikes could be necessary if inflation remains persistently above the Fed’s 2% target. Still, markets broadly expect the Fed to keep interest rates unchanged for the remainder of the year, although traders currently see roughly a 50% chance of a rate hike in December.
2026-05-20
Silver Rises on US-Iran Truce Hopes
Silver climbed above $76 an ounce on Wednesday amid hopes that a potential resolution to the US-Iran conflict could ease inflation concerns. President Donald Trump stated the war with Iran would end "very quickly," while Vice President JD Vance highlighted progress in talks with Tehran to end hostilities. However, the prolonged conflict has kept the Strait of Hormuz closed, maintaining oil prices above $100 a barrel and sustaining inflationary pressures. Accelerating US inflation has led traders to further reduce expectations for Federal Reserve rate cuts this year, while reinforcing speculation that the central bank could still raise rates before year-end. Markets now price in a 40% chance of a December rate hike, with rate cut expectations pushed into 2027 on hopes the current inflation surge is temporary. Investors will also analyze the minutes from the Fed’s April policy meeting for further insights.
2026-05-20