Silver Gains for Third Straight Session
2026-09-21 01:14
By
Jam Kaimo Samonte
1 min. read
Silver rose to around $67 an ounce on Monday, climbing for the third consecutive session, supported by falling oil prices that eased concerns over rising inflation and the prospect of further interest rate hikes.
Oil prices fell for a fourth straight session amid signs of increased diplomatic efforts to resolve the Middle East conflict and restore energy flows from the region.
President Donald Trump said he would “probably” be open to meeting Iranian President Masoud Pezeshkian on the sidelines of the United Nations General Assembly this week, where he could also hold talks with other Persian Gulf leaders.
Meanwhile, investors are awaiting several appearances by Federal Reserve officials this week after the central bank raised rates last week for the first time in three years.
On Sunday, Minneapolis Fed President Neel Kashkari said inflation remains too high and that price pressures have expanded beyond the initial oil-price shock linked to the Iran war.