Silver

Silver Surges More Than 3% as Rate-Cut Expectations and Safe-Haven Demand Boost Precious Metals

Silver prices jumped on Friday, significantly outperforming gold as precious metals benefited from a combination of softer U.S. labor-market signals, lower rate expectations, and renewed geopolitical uncertainty. September silver futures climbed about 3.2% to around $63.58 per ounce.

Thursday’s U.S. data provided an important macro catalyst. Continuing jobless claims increased to 1.801 million, above the 1.790 million expected, while second-quarter unit labor costs rose just 1.3%, well below the 2.2% forecast. Although initial claims remained low at 199,000, the broader combination of rising continuing claims and subdued labor-cost growth supports expectations for a less restrictive Federal Reserve policy.

Silver is also benefiting from the same geopolitical forces supporting gold. Uncertainty surrounding Iran’s demands over shipping through the Strait of Hormuz has revived concerns about the durability of a potential agreement and increased demand for defensive assets.

Beyond the short-term macro backdrop, silver retains support from a tight physical market. The Silver Institute’s World Silver Survey 2026⁠ forecasts a sixth consecutive annual market deficit this year, while demand from AI infrastructure, automobiles and power-grid investment remains supportive despite weakness in photovoltaic demand.

Silver’s larger percentage move relative to gold is consistent with its higher volatility. With gold also advancing strongly on Friday, momentum across the precious-metals complex appears to be amplifying silver’s gains.

Precious Metal Price Forecasts 2026: Gold, Silver and more

Explore expert and AI predictions for precious metal prices in 2026. Get insights on market trends for gold, silver, platinum, and palladium. Read here >>

(bullionvault.com)
Gold and Silver Retreat as Higher Treasury Yields and Easing Geopolitical Tensions Pressure Precious Metals

Gold and silver prices moved lower on Tuesday as investors rotated away from safe-haven assets following easing geopolitical tensions in the Middle East and rising U.S. Treasury yields ahead of this week's Federal Reserve meeting.

Gold futures fell around 0.8% to trade near $4,043 per ounce, while silver declined nearly 1.8% to about $57.70 per ounce, underperforming gold as traders reduced exposure across the precious metals complex.

The primary driver behind the decline was the continued unwinding of the geopolitical premium that had supported bullion during recent tensions between the United States and Iran. As fears of a broader regional conflict eased, demand for traditional safe-haven assets weakened.

At the same time, U.S. Treasury yields moved higher after the latest 2-year and 5-year Treasury auctions cleared at higher yields than previous sales. Rising yields increase the opportunity cost of holding non-interest-bearing assets such as gold and silver, making precious metals less attractive relative to fixed-income investments.

A firmer U.S. dollar also weighed on bullion prices by making dollar-denominated commodities more expensive for overseas buyers. Meanwhile, softer-than-expected U.S. durable goods orders reinforced expectations of moderating economic growth but did not materially change market expectations ahead of this week's Federal Reserve policy decision.

Silver posted steeper losses than gold, reflecting its dual role as both a precious and industrial metal. While safe-haven demand weakened, concerns about slowing manufacturing activity and softer industrial demand also weighed on silver prices.

Despite today's pullback, the longer-term outlook for precious metals remains supported by expectations that the Federal Reserve could begin easing monetary policy later this year if inflation continues to moderate. Investors are now focused on this week's Fed meeting, key U.S. inflation data, and comments from policymakers for further clues on the direction of interest rates and precious metal prices.
Gold and Silver Rise as Fed Rate Cut Expectations and Easing Middle East Tensions

Gold and silver traded higher on Monday morning in Asia, as investors continued to price in potential Federal Reserve interest rate cuts later this year and the impact of easing geopolitical tensions in the Middle East.

Gold climbed above $4,100 per ounce, gaining nearly 1% over the past five trading days, while silver rose above $60 per ounce, extending its weekly advance to almost 2%. Both precious metals found support from last week’s softer-than-expected U.S. inflation data, which reinforced expectations that the Federal Reserve could begin easing monetary policy in the coming months.

Lower interest rates typically benefit precious metals by reducing the opportunity cost of holding non-yielding assets and putting downward pressure on the U.S. dollar. As a result, investors continued to increase exposure to gold and silver despite a decline in safe-haven demand.

Geopolitical risks also remained in focus. The United States’ decision to halt its military attacks on Iran reduced fears of a broader regional conflict, easing some of the safe-haven buying . However, expectations of lower oil price, inflation and borrowing costs largely offset the impact of improving geopolitical sentiment.

Silver continued to draw additional support from its industrial demand outlook. Beyond its role as a precious metal, silver is widely used in solar panels, electronics, and other technology applications, making it more sensitive to expectations for global economic and manufacturing activity than gold.

Looking ahead, investors will closely monitor upcoming U.S. economic data and Federal Reserve commentary for further clues on the timing of potential rate cuts. While easing geopolitical tensions may limit safe-haven demand, expectations of lower interest rates and resilient industrial demand could continue supporting both gold and silver in the near term.

Gold and silver rally as CPI cools Fed-rate pressure - Kitco AM Report | Kitco News

Gold and silver rally as CPI cools Fed-rate pressure - Kitco AM Report
...

(kitco.com)

Gold Sinks to $4000 on Trump's Hormuz Tariff Ahead of US Inflation, Fed Testimony, Earnings | Gold News

Gold sank near $4000 on Monday as silver also fell on the worsening US-Iran and Russia-Ukraine wars ahead of US inflation and Fed testimony

(bullionvault.com)

Modest price pressure on gold, silver as traders assess war | Kitco News

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

(kitco.com)

Gold, silver gain on perceived bargain buying | Kitco News

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

(kitco.com)

Gold, silver sharply down amid upticks in USDX, bond yields | Kitco News

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

(kitco.com)

Gold, silver down as lingering war prospects hint of less demand | Kitco News

The Kitco News Team brings you the latest news, videos, analysis and opinions regarding Precious Metals, Crypto, Mining, World Markets and Global Economy.

(kitco.com)
Video Thumbnail
07-08-26WS News
Video Thumbnail
07-08-26WS News
Video Thumbnail
06-24-26WS Investor
Video Thumbnail
06-10-26WS News
Video Thumbnail
06-06-26The Investor