Silver Price Today: Silver Slips as Fed Cut Bets Fade and Iran Oil Risk Lifts Inflation Fears
Spot silver fell 0.9% to $72.32 an ounce Monday, while gold, platinum, and palladium also weakened. Wells Fargo no longer expects Fed rate cuts in 2026, and Citigroup delayed its forecast to September. The dollar index slipped despite Brent crude near $110. U.S., Iranian, and regional mediators are discussing a ceasefire that could reopen the Strait of Hormuz.