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Commodities

Silver Prices Rebound on Trump's Iran Peace Talks Announcement

Guavy AI Editorial Team
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Oil Silver
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Silver prices staged a modest rebound on Monday after US President Donald Trump announced that peace talks with Iran would resume, signaling a shift in geopolitical tensions and easing inflation expectations.

The metal rose above $58 an ounce, partially recovering from Friday's decline of 2.51% to $57.77. However, this recovery only chips away at the broader monthly loss, which has left silver nursing an 8.66% decline.

The resumption of peace talks and improved supply security in the region contributed to a decrease in oil prices and inflation expectations, providing a fresh tailwind for silver demand.

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