Silver Prices Bounce Back Amid Oil Price Volatility

Silver prices rebounded on July 24, 2026, after falling by around 3% in the previous session. The price increase came as Brent crude oil surged 7% above $100.

The sharp rise in oil prices was followed by a retreat below $100 on Friday as physical buyers stepped back in ahead of the July FOMC meeting.

This divergence between paper and physical buying has significant implications for where silver goes next. It suggests that investors are taking a cautious approach, waiting to see how market conditions unfold before making further moves.