Silver Steadies Ahead of US PCE Inflation Data

2026-08-26 00:55 By Jam Kaimo Samonte 1 min. read

Silver held above $68 an ounce on Wednesday, trading near two-month highs as investors awaited the latest US PCE price index report, the Federal Reserve’s preferred measure of inflation.

Attention also remained on Fed Chair Kevin Warsh’s speech at the annual Jackson Hole symposium on Friday, although he is not expected to provide clear guidance on the central bank’s policy decision in September.

Investors continued to assess the US Treasury’s decision to double liquidity-support buyback operations for longer-dated notes and bonds, a move that helped push the dollar to a more than three-month low last week.

Meanwhile, oil prices declined for a third consecutive session, easing inflation concerns and further supporting the bullish outlook for precious metals.

Elsewhere, silver remained underpinned by solid industrial demand linked to the green energy transition, photovoltaic solar panels, electric vehicles and artificial intelligence data center infrastructure.



News Stream
Silver Steadies Ahead of US PCE Inflation Data
Silver held above $68 an ounce on Wednesday, trading near two-month highs as investors awaited the latest US PCE price index report, the Federal Reserve’s preferred measure of inflation. Attention also remained on Fed Chair Kevin Warsh’s speech at the annual Jackson Hole symposium on Friday, although he is not expected to provide clear guidance on the central bank’s policy decision in September. Investors continued to assess the US Treasury’s decision to double liquidity-support buyback operations for longer-dated notes and bonds, a move that helped push the dollar to a more than three-month low last week. Meanwhile, oil prices declined for a third consecutive session, easing inflation concerns and further supporting the bullish outlook for precious metals. Elsewhere, silver remained underpinned by solid industrial demand linked to the green energy transition, photovoltaic solar panels, electric vehicles and artificial intelligence data center infrastructure.
2026-08-26
Silver Retreats as Markets Await US Inflation and Fed Signals
Silver prices fell below $68.0 an ounce on Tuesday after reaching a two-month high of $70.0 last week, as the recent rally lost momentum ahead of US inflation data and Federal Reserve Chair Kevin Warsh’s speech at the Jackson Hole Symposium later this week. Investors are also assessing the US Treasury’s decision to double liquidity-support buyback operations for longer-dated notes and bonds, which helped push the dollar to a more than three-month low last week. Markets are currently pricing in a 38% chance of a US rate hike in September, according to the CME FedWatch Tool. Meanwhile, geopolitical tensions remain in focus, with Iran pledging to resist expanded US sanctions while expressing confidence that major trading partners will reject the pressure campaign and signalling that Washington remains interested in reviving talks.
2026-08-25
Silver Hovers Near 2-Month Highs
Silver fell toward $68 an ounce on Tuesday, but stayed close to its highest level in two months while tracking strength in gold as US government interventions in the bond market revived the so-called debasement trade. The US Treasury Department announced an expansion of its buyback program for long-dated government debt last week in an effort to contain rising borrowing costs, with Secretary Scott Bessent saying he is prepared to increase the buybacks further while also flagging an upcoming longer-term fiscal plan. However, markets speculated that the measures may provide only a temporary solution, while renewing concerns over the risks of a US debt crisis, persistent inflation and dollar weakness. Silver also remained supported by solid industrial demand from the green energy transition, photovoltaic solar panels, electric vehicles and artificial intelligence data center infrastructure.
2026-08-25