Silver September futures fall 0.5% to $65.12 as stalled U.S.-Iran negotiations lift oil prices and Treasury yields.
Silver September futures opened at $65.90 per ounce on August 18, 2026, down 0.5% from Monday’s close, before slipping to $65.12. The metal traded between $65 and $66 as U.S.-Iran negotiations failed to extend a 60-day diplomatic agreement, pushing oil prices and Treasury yields higher.
Recent economic data signal a slowdown in consumer spending, countering inflation risks tied to rising oil. Silver’s year-over-year gain stands at 73.6%, down from 173.3% in mid-May, reflecting shifting investor sentiment amid competing macroeconomic forces.
The metal’s price reflects tension between inflationary pressures and potential recession-driven demand for safe-haven assets.