The situation in the Middle East continues to see a lot of movement, as it is a situation where nobody is willing to flinch, and as a result the markets continue to see big swings in interest rates.
I continue to watch the interest rate / silver negative correlation, as it has been the main driver of what is going on at the moment. The headlines in the Middle East continue to be the main culprit.
Silver price today: Silver falls, according to FXStreet data
Silver has come under notable pressure this week, slipping back below the $75 level as oil prices and the Dollar strengthen. The metal is now at risk of a deeper decline toward the March low near $60, especially if the rallies in oil and the Dollar continue to gather momentum.
Gold and silver moved lower as a stronger U.S. dollar and fading rate-cut hopes pressured prices, but Middle East risks, higher oil prices, and inflation concerns still support the long-term bullish thesis.
Silver Price Forecast: XAG/USD remains vulnerable near $75 as oil prices hold weekly gains
Subjects of severe melt-ups since August 2025, following a slow but consistent grind higher from de-dollarization trends, the commodities got swept on all sides with extreme leverage and volatility.
Silver Price reverses as bearish-engulfing pattern hints at further losses
Silver (XAG/USD) update: Precious metals face a severe reality check as their traditional safe-haven status is tested amid the ongoing US-Iran conflict. After rebounding 35% on recent ceasefire hopes, Silver struggles to maintain momentum, repeatedly rejecting its critical $84 resistance even as equity benchmarks hit all-time highs.
27,065 tonnes in London's vaults sounds like a large number. The World Silver Survey 2026 just confirmed it is not.
Silver price drops to $76.03 as dollar strength and rising yields pressure the silver market, while oil-driven inflation clouds the silver outlook.
Watch the 10-year yield in the US, as it can give a “heads up” on where silver might be heading.