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Commodities

Silver Prices Stabilize Near $60 as Iran Talks Ease Hike Anxiety

Guavy AI Editorial Team
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Oil Silver
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Silver futures are trading near $60 per ounce as diplomatic engagement between the US and Iran reduces anxiety about interest-rate hikes.

The XAG/USD price has stabilized after a volatile correction from its multi-year record peaks set earlier in 2026, with lower crude oil volatility and reduced inflation expectations supporting silver prices.

Despite short-term fluctuations, medium-to-long-term demand for silver in solar panel manufacturing and EV power electronics continues to face a physical supply deficit.

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