Silver Prices Steady Amid US-Iran Tensions

Silver prices remained steady at $65.87 on the day after a modest gain of 0.84%, maintaining its position above key short-term moving averages but remaining below intermediate- and long-term averages.

The metal's momentum outlook is mixed, reflecting divergent market signals. Rising US Treasury yields and a stronger dollar have reduced demand for silver, as investors opt for assets that offer higher returns.

However, tensions between the United States and Iran have intermittently supported safe-haven flows into silver amid heightened market risk aversion.