Silver prices hold at $36 per ounce despite Middle East conflicts and a stronger US dollar. Learn how global tensions and demand affect silver’s market trends.
- TCS, Infosys to HCL Tech: IT stocks fall after Accenture results, escalation in Israel-Iran war
- Holders of HDB’s unlisted shares face losses as IPO is priced 40% lower
- Spot Gold Price fell below $3,360 per ounce (Friday, June 20, 2025)
- Silver’s breakout year: Why It’s Shining Brighter Than Gold in 2025
- Gold Prices Dip Slightly but Hold Steady Amid Strong US Dollar and Global Risks
Silver prices are staying steady at around $36 per ounce as of Monday, even with growing tensions in the Middle East. After dropping for two days, the market seems to be calming down as investors react to recent global events.
What’s Happening in the Middle East?
Over the weekend, the US carried out airstrikes on three nuclear sites in Iran, joining Israel in its ongoing conflict with the country. This has raised fears that Iran might strike back, creating uncertainty in global markets.
Why Is Silver Affected?
Silver prices are influenced by several factors right now:
- Strong US Dollar: The US dollar has gained value because people see it as a safe investment during uncertain times. A stronger dollar often puts pressure on prices of precious metals like silver and gold.
- Safe-Haven Demand: Last week, silver hit a 13-year high because investors turned to it as a safer option compared to other investments. Many see silver as a reliable choice, especially when global tensions rise.
- Industrial Demand and Supply: Silver is also in demand for industrial uses, like electronics and solar panels. At the same time, there’s a limited supply, which has helped push prices up recently.
Why Did Silver Prices Drop Recently?
Even though silver was doing well last week, its upward trend has slowed down. Investors are selling to lock in profits, and some are moving money to cover losses in other investments. This has caused silver prices to dip slightly.
Silver Outlook
The sharp sell off in Silver from $37.30 reached $35.50 and the new week Asian session trading witnesses some positive attempts to make a rebound towards $36.45 followed by $36.80
The current recovery requires stability above $35.80 which acts as local consolidation base.
Immediate resistance sits at $36.22 which bulls need to clear in order to move upward to $36.45
A strong break and stability above $36.45 opens the way to next leg higher $36.80
It is important to note that the immediate trend will flip to bearish if local support zone $35.80 fails to hold.
What’s Next for Silver?
With tensions in the Middle East still high and the US dollar staying strong, silver prices might face more ups and downs. However, its role as a safe investment and its use in industries could keep demand steady.
