Silver Under Pressure at $68-$69 Amid Inflation Expectations
The silver market is facing pressure near $68 to $69 per ounce as investors weigh inflation expectations, Federal Reserve policy, and supply deficits.
Ahead of Fed Chair Kevin Warsh's Jackson Hole speech, markets are looking for signals on whether persistent inflation will force the Fed to maintain a restrictive policy stance.
JPMorgan Global Research expects silver to reach $63 per ounce in Q4 2026, but the physical market offers a counterargument with a fifth consecutive annual supply deficit estimated at 40.3 million ounces.