"Silver extended its rebound for a third consecutive session on Tuesday, supported by escalating geopolitical risks and persistent supply deficits. Developments in Latin America injected fresh geopolitical uncertainty into the market. Comments from President Trump also affected sentiment and could amplify safe-haven flows into precious metals. Meanwhile, tensions remain elevated across Eastern Europe and the Middle East, reinforcing silver's defensive appeal."
"Beyond geopolitics, silver's bullish momentum is underpinned by economic factors. Weaker-than-expected US manufacturing data and dovish expectations regarding the Federal Reserve could fuel the focus on policy easing in 2026. Although the Fed is expected to hold rates steady later this month, forecasts continue to point to two rate cuts this year. The bullish outlook is further enhanced as global inventories continue to tighten."
Silver extended its rebound for a third consecutive session as geopolitical tensions and supply shortages supported prices. Developments in Latin America and comments by President Trump added uncertainty and intensified safe-haven demand. Elevated tensions in Eastern Europe and the Middle East reinforced defensive interest in silver. Economic data showed weaker US manufacturing and growing expectations for a dovish Federal Reserve, with markets anticipating policy easing in 2026 and two rate cuts this year despite a likely near-term hold. Global inventories tightened as Shanghai Futures Exchange stocks fell to decade lows, leaving the market potentially in persistent deficit and upward price pressure.
Read at London Business News | Londonlovesbusiness.com
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