Silver Rises in Iran Deal Hopes
2026-05-25 01:10
By
Jam Kaimo Samonte
1 min. read
Silver climbed toward $78 an ounce on Monday, recovering losses from last week as increasing optimism over a potential US-Iran agreement eased concerns about inflation and interest rate hikes.
Reports indicated that the proposed deal could reopen the Strait of Hormuz, end hostilities, release some frozen Iranian assets, and lay the groundwork for additional negotiations aimed at restricting Tehran’s nuclear program.
However, President Donald Trump said the US would keep its blockade of the Strait of Hormuz in place until a formal agreement is finalized.
Despite Monday’s rebound, silver remains roughly 17% lower since the Middle East conflict began, as fears of an energy-driven inflation shock fueled expectations that central banks may need to maintain tighter monetary policy.
Investors also continued to assess the outlook for Federal Reserve policy after Governor Christopher Waller signaled he no longer believed the central bank should retain an easing bias in its policy statement.