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Silver holds near $66 as Iran talks stall and yields rise
Silver September futures opened at $65.90 per ounce, down 0.5% from Monday, after the U.S. and Iran 60-day diplomacy window expired with no replacement deal.
Silver prices held near the $66 level on Tuesday as investors weighed inflation risks tied to oil and the effect of stalled Iran negotiations on risk sentiment. According to Yahoo Finance, silver September futures opened at $65.90 per ounce, a 0.5% decline from Monday’s close.
By late morning, silver had dipped to $65.12 an ounce as the market swung between $65 and $66. The article linked the pressure to signs that negotiations with Iran had stalled after a 60-day U.S. and Iran diplomatic agreement expired Monday without an alternative deal in place.
The report said oil prices and U.S. Treasury yields ticked higher after the diplomacy window ended, adding competing forces for silver. Higher oil can raise inflation expectations, while signs of a potential consumer slowdown point to weaker demand at the same time.
Yahoo Finance also cited widely varying forecasts, noting that experts at BlackRock and J.P. Morgan expect a stronger silver outlook. Those forecasts described potential for silver to move above $80 per ounce by the end of 2026, and to reach $100 by 2030, though the article cautioned that predictions can change.
Latest closeSilver $64.83 ▼0.1%