Wednesday 15 April 2026 – 08:19 PM
I settled down Silver prices In the local markets and the global stock market in the middle of Wednesday’s trading, as geopolitical risks and the Federal Reserve’s expectations limited the chances of a rise, according to the “Gold Observatory” report for economic studies.
Silver prices
Dr. Walid Farouk, a researcher in gold and jewelry affairs and director of the Gold Observatory, said that silver prices in the local markets witnessed a state of relative stability in the middle of today’s trading, compared to the end of yesterday’s trading, with a gram of 999 silver recording about 133 pounds, a 925 karat about 123 pounds, and an 800 karat about 107 pounds, while the price of a silver pound reached about 984 pounds, while an ounce stabilized on the global stock exchange, at $79.50, according to price updates on the World Silver Institute website.
Silver moved in a range near $80 per ounce, under balanced pressure between geopolitical tensions and Federal Reserve expectations, which kept prices in a state of consolidation without a clear direction.
In currency markets, the US dollar index stabilized at levels approximately 98.10 points, maintaining its performance near its lowest levels in six weeks, amid anticipation of economic data and monetary policy developments.
There is a state of relative improvement in market sentiment, driven by increasing hopes regarding the possibility of resuming negotiations between the United States and Iran, which has been reflected in a reduction in demand for safe havens, despite continued caution in the absence of clear indications of a tangible political breakthrough.
At the same time, expectations indicate that the Federal Reserve may continue to stabilize interest rates in the near term, while assessing the effects of geopolitical tensions, especially related to oil price fluctuations and inflation risks, which continues to pressure non-yielding assets such as silver.
Although oil prices have fallen from recent highs and revived expectations that the Federal Reserve could resume cutting interest rates later in the year, the absence of a sustained decline in energy prices keeps the outlook uncertain.
The general outlook for silver still tends toward positive stability in the longer term, driven by geopolitical developments related to the possibility of Iran’s reintegration into the global economy, and the resulting changes in commodity and metal flows.
Geopolitical optimism linked to Iran
Silver derives part of its primary support from the improvement in the geopolitical mood linked to the possibilities of an economic breakthrough in the Iran file, which may be reflected in global commodity markets through several channels.
The decline in tensions in the Middle East usually puts pressure on the demand for the dollar as a safe haven, which supports dollar-denominated commodities, especially precious metals. Iran’s potential return to the markets may also affect inflation expectations and energy balances, which will be reflected in real returns and investment trends in metals.
Estimates indicate that Iranian industrial sectors were consuming significant amounts of silver before the tightening of sanctions, which opens the way for a gradual return to industrial demand if economic conditions improve.
In addition to geopolitical factors, silver benefits from strong industrial demand, especially in the solar energy, electronics, and electric vehicle sectors, as industrial reports expect demand related to solar energy to rise by about 23% during 2026, which strengthens the long-term fundamentals of the metal despite short-term pressures.
The movements of the US dollar and interest rates remain among the most prominent influences on silver’s performance, as the rise of the dollar increases pressure on prices, while expectations of monetary easing limit the severity of this effect.
In the context of institutional investment, holdings of ETFs have stabilized at almost constant levels, reflecting continued long-term investor confidence despite the current state of volatility.
The “Global Silver Report 2026” issued by the Silver Institute revealed transformations in the white metal, as the year 2025 recorded the fifth consecutive annual deficit in supply, while prices witnessed unprecedented jumps that exceeded the barrier of $100 per ounce in early 2026.
