Micro Silver Surges on September 18th Amid Declining Yields and Falling Oil Prices

The price of Micro Silver (XAGUSD-M) surged on September 18th due to several key factors. A decline in benchmark U.S. Treasury yields and a pullback in crude oil prices provided immediate relief across the precious metals complex.

This move was also influenced by the Federal Reserve's latest monetary policy decision, as investors shifted their focus towards the easing of sovereign bond yields from recent multi-year highs.

The subsequent decline in both nominal and real yields reduced the opportunity cost of holding non-interest-bearing bullion, while a slight moderation in the U.S. dollar index provided additional tailwinds.