empty
 
 

2026.03.2411:23:02UTC+00Silver Struggles at $70 as Middle East Tensions, Fed Policy Bite

Silver traded near $70 per ounce on Tuesday, fluctuating between modest gains and losses amid conflicting signals over a potential diplomatic breakthrough in the Middle East. President Trump delayed planned US airstrikes on Iran, citing "positive talks," a characterization Iran dismissed as "psychological warfare," even as reports suggested the possibility of indirect negotiations.

Geopolitical risks intensified after the Wall Street Journal reported that Saudi Arabia and the UAE could enter the conflict, while an Israeli official told CNN that a ceasefire remains "out of reach" due to Iran’s refusal to compromise. Israel’s defense minister reaffirmed that the country would "continue striking Iran with full force."

Against this backdrop, silver remained near its lowest level since December, weighed down by rising energy costs and mounting inflation concerns. With Fed rate cuts now ruled out for 2026, markets are bracing for further monetary tightening from other major central banks.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $8000 more!
    In March we raffle $8000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback