Silver price advances on US-Iran agreement, hawkish Fed limits upside
Silver price today: Silver rises, according to FXStreet data
Gold and Silver came under renewed pressure after the Federal Reserve delivered a more hawkish-than-expected set of projections, prompting investors to quickly price in another rate hike later this year. While the Fed left rates unchanged at 3.50%-3.75%, the updated dot plot showed that policymakers have become increasingly concerned about inflation persistence.
Silver Price Forecast: XAG/USD rises above $69.00, but stays constrained below 100-day SMA
Fed removes easing bias and silver falls as traders price out 2026 rate cuts, putting the 200-day moving average at $68.72 in focus.
The silver market continues to see a lot of external pressures, with the MOU between the USA and Iran being a driver of rates, which can drive silver pricing.
Silver price remains under pressure as Fed decision, US-Iran truce shape outlook
Silver price today: Silver falls, according to FXStreet data
Ranked: The world's top Silver producers
Gold and silver remain supported as U.S.-Iran peace hopes ease inflation fears, but the Fed decision will decide whether the rally can continue.
Silver Price Forecast: XAG/USD rises to near $70.50 as interest rate concerns ease
Silver has had a violent few weeks.