Silver price falls after Trump's Iran announcement
Silver has come under heavy pressure following the latest escalation in the Middle East. Instead of benefiting from increased demand for safe-haven assets, the metal continues to decline alongside other risk-sensitive investments.
U.S. President Donald Trump announced the termination of the interim peace agreement with Iran. The statement pushed oil prices up by more than 5%, fueling concerns over higher inflation and the possibility of tighter U.S. monetary policy. Against this backdrop, silver fell by more than 2%, continuing to underperform despite rising geopolitical tensions. The precious metal has yet to exhibit the characteristics of a traditional safe-haven asset.
Additional pressure is coming from the futures market. Open interest in COMEX silver futures remains above 104,000 contracts, while non-commercial traders hold 37,805 long positions versus 10,437 short positions. This still reflects a significant speculative long bias, meaning that if prices continue to decline, the risk of further long liquidation remains elevated.
Silver needs to hold $57 to avoid deeper losses
As discussed in our previous analysis, silver came under renewed pressure after testing the medium-term descending trendline near $64. Buyers failed to establish a sustained move above this area, confirming that the bearish momentum remains intact.
In the coming days, $57 will be the key support level to watch. The market has previously attempted to rebound from this area, making buyers' reaction at this level especially important.
If selling pressure intensifies and silver breaks below $57, the correction could accelerate. In that scenario, the next downside target would be the $54.50–53.50 support zone.
Silver loses its safe-haven appeal
Despite persistent geopolitical uncertainty, silver has yet to regain its traditional role as a safe-haven asset.
As long as investors remain focused on inflation risks and expectations for U.S. Federal Reserve policy, downward pressure on the metal is likely to persist. In the short term, silver's outlook will largely depend on whether it can hold support at $57.
Latest Silver News
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
