Neutral
Silver stalls below $60 as US Treasury yields rise amid Middle East tensions.
Silver prices have been trading just below the $60 mark, with attempts to surpass this level limited by rising US Treasury yields. The recent surge in oil prices, driven by escalating Middle East tensions, has intensified inflation concerns, leading to higher yields and exerting downward pressure on precious metals like silver. Despite these challenges, silver has managed to maintain a positive bias, consolidating gains after a 7.5% rally in the previous four trading days.
Key points
- Silver faces resistance below $60 as US Treasury yields climb.
- Oil price surge due to Middle East tensions raises inflation concerns.
- Silver maintains positive bias after recent 7.5% rally.
Sources
- Silver Price Forecasts: XAG/USD stalls below $60 as US yields rallyFXStreet · July 23, 2026
- Silver Price Forecast: XAG lower highs structure holds, bears eye $55FXStreet · July 23, 2026
- Silver (XAG) Forecast: Silver Testing 50% of All-Time High as Bears Cover ShortsFXEmpire · July 23, 2026
- Silver price rebounds from last week’s drop: can $65 come into view?Invezz · July 23, 2026
AI-generated from public news sources. Not financial advice.
