Silver Remains Under Pressure

2026-09-14 00:54 By Jam Kaimo Samonte 1 min. read

Silver struggled near $64 an ounce on Monday after declining for three straight weeks, weighed down by surging oil prices and bets on tighter Federal Reserve monetary policy.

Oil prices jumped toward four-month highs on Monday after Saudi Arabia closed a key pipeline that was used to bypass the Strait of Hormuz following drone attacks.

The protracted Middle East crisis has delivered an inflationary jolt to the global economy, reinforcing a hawkish outlook on interest rates.

Markets are currently pricing in around an 86% chance that the Fed will raise its policy rate by 25 basis points on Wednesday.

Data on Friday showed US consumer inflation steadied at 3.4% in August, the same as in July and in line with forecasts, while monthly CPI rose 0.4%, the strongest increase in three months.

US producer prices also accelerated in August as the Iran war pushed wholesale energy costs higher, while labor market data pointed to continued resilience in employment.



News Stream
Silver Remains Under Pressure
Silver struggled near $64 an ounce on Monday after declining for three straight weeks, weighed down by surging oil prices and bets on tighter Federal Reserve monetary policy. Oil prices jumped toward four-month highs on Monday after Saudi Arabia closed a key pipeline that was used to bypass the Strait of Hormuz following drone attacks. The protracted Middle East crisis has delivered an inflationary jolt to the global economy, reinforcing a hawkish outlook on interest rates. Markets are currently pricing in around an 86% chance that the Fed will raise its policy rate by 25 basis points on Wednesday. Data on Friday showed US consumer inflation steadied at 3.4% in August, the same as in July and in line with forecasts, while monthly CPI rose 0.4%, the strongest increase in three months. US producer prices also accelerated in August as the Iran war pushed wholesale energy costs higher, while labor market data pointed to continued resilience in employment.
2026-09-14
Silver Set for Weekly Decline as Fed Hike Bets Increase
Silver rose to around $65 an ounce on Friday but declined more than 1% on the week, as investors digested the latest US inflation data ahead of next week’s Federal Reserve meeting. US inflation held at 3.4% in August, in line with expectations, while monthly CPI rose 0.4%, the strongest increase in three months. Core CPI accelerated to 0.3% month-on-month, its largest gain since April and above expectations of 0.2%, although the annual rate eased to 2.4%, its lowest since March 2021. US producer prices also accelerated in August as the Iran war pushed wholesale energy costs higher, while last week’s labor market data pointed to continued employment resilience. Markets have increased bets on a 25-basis-point Fed hike next week, with the CME FedWatch Tool now pricing in around an 86% probability, up from roughly 70% before the inflation data.
2026-09-11
Silver Holds Drop Ahead of US CPI Report
Silver traded around $63.5 an ounce on Friday after tumbling over 5% in the previous session, as investors braced for the US consumer price index report that could reinforce expectations for a Federal Reserve rate hike next week. Data released Thursday showed US producer prices accelerated in August as the Iran war pushed wholesale energy costs higher. Markets are now pricing in roughly a 71% probability of a 25-basis-point Fed rate increase next week, up from 61% before the PPI data. Silver also faced pressure from surging oil prices amid the escalating US-Iran conflict, fueling concerns over rising inflation. Meanwhile, Treasury yields jumped following lower-than-expected purchases by the US Treasury Department during its first expanded buyback operation. Non-interest-bearing assets such as silver tend to underperform when yields rise. Silver is on track to lose about 4% this week, marking its third straight weekly decline.
2026-09-11