Silver Rebounds from 7-Month Low

2026-06-30 17:12 By Andre Joaquim 1 min. read

Silver prices rose toward $60 per ounce, halting the plunge that bottomed at a seven-month low of $57 on June 24th, and outperforming gold in the last sessions as the outlook of strong industrial demand weighed against pressure from a restrictive Fed.

Equities for chip producers and datacenter developers rallied for a second session to reflect long bets on the construction of compute capacity.

The activity boosted the outlook of silver demand due to its use usage in AI infrastructure for its conductive nature.

Still, the hawkish outlook for the Fed maintained pressure in assets that do not bear coupons.

Strong labor market data and surveys pointing to higher inflation drove a large portion of the FOMC to project more restrictive rates this year.

On top of that, fixed-income supply risked a decline as Fed Chairman Warsh campaigned for a lower Fed balance sheet, reversing the debasement trade from late 2025.



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Silver Rebounds from 7-Month Low
Silver prices rose toward $60 per ounce, halting the plunge that bottomed at a seven-month low of $57 on June 24th, and outperforming gold in the last sessions as the outlook of strong industrial demand weighed against pressure from a restrictive Fed. Equities for chip producers and datacenter developers rallied for a second session to reflect long bets on the construction of compute capacity. The activity boosted the outlook of silver demand due to its use usage in AI infrastructure for its conductive nature. Still, the hawkish outlook for the Fed maintained pressure in assets that do not bear coupons. Strong labor market data and surveys pointing to higher inflation drove a large portion of the FOMC to project more restrictive rates this year. On top of that, fixed-income supply risked a decline as Fed Chairman Warsh campaigned for a lower Fed balance sheet, reversing the debasement trade from late 2025.
2026-06-30
Silver Heads for 20% Monthly Loss
Silver prices hovered around $58 an ounce on Tuesday, near their weakest level since December 2025, with losses exceeding 20% for both the month and the quarter, as a firm US dollar and expectations of US interest rate hikes continued to weigh on the metal. Rising energy prices, fueled by the Middle East conflict, have eliminated expectations of Federal Reserve rate cuts this year, with traders now pricing in a near 65% chance of a September hike. Although precious metals are traditionally seen as inflation hedges, higher interest rates tend to pressure non-yielding assets like silver. Focus now turns to upcoming US employment data, including nonfarm payrolls, and remarks by Fed Chair Kevin Warsh due Wednesday for signals on monetary policy. Meanwhile, investors are monitoring prospects for renewed US-Iran diplomacy, though Iran has dismissed reports of talks in Doha this week as unfounded.
2026-06-30
Silver Set for Sharp Monthly Decline
Silver rose to around $59 an ounce on Tuesday, but was still on track for a sharp monthly drop amid Middle East uncertainties and expectations that the US Federal Reserve will raise interest rates this year. The precious metal has declined more than 23% this month and roughly the same this quarter. Markets continue to price in at least one rate hike by the Fed this year, with the first potentially coming as soon as September, while some investors are betting on additional hikes thereafter. Investors are now awaiting the latest US monthly employment report for fresh clues on the policy outlook. Meanwhile, US and Iran are scheduled to resume peace talks in Doha, Qatar later today, although prospects for a lasting ceasefire remain unclear. A major sticking point remains after Tehran reiterated its plan to oversee traffic through the Strait of Hormuz even if Oman decides not to take part.
2026-06-30