Silver Breaks US$77, Signaling Iran Negotiations Ease Inflation Pressure
Silver prices strengthened and moved above US$77 per ounce on Tuesday (April 14), reversing from the previous session's decline, as signs emerged that the US and Iran still have room to resume negotiations toward a longer ceasefire before the current two-week pause ends.
President Donald Trump said Tehran was in contact with Washington again, just hours after the US initiated a naval blockade of Iranian oil shipments in the Strait of Hormuz. Iranian President Masoud Pezeshkian also signaled a readiness to resume peace talks, provided the process is carried out within the framework of international law and regulations.
The main boost for silver came from energy and interest rate channels: oil prices corrected amid hopes of a more sustainable agreement, easing inflation concerns and tempering expectations that central banks would need to hold interest rates high for longer or even raise them. This environment is typically more supportive of non-yielding precious metals, including silver.
Despite this, silver has still fallen nearly 20% since the conflict began, confirming that the market remains sensitive to shifting geopolitical headlines and the risk of energy disruption, which could further alter inflation expectations and the direction of monetary policy.
Source: Newsmaker.id
