XAG/USD climbs as geopolitical risks and declining Treasury yields drive investors toward safe-haven assets.
Silver prices jumped 3.11% to $76.00 on Wednesday as haven demand surged amid escalating US-Iran tensions and a retreat in US Treasury yields. The rally marks a rebound for the precious metal after recent volatility in bond markets.
Prior to the move, silver had faced pressure from rising yields and a stronger USD. Analysts noted the shift in sentiment as investors sought refuge in metals, contrasting with earlier risk-on flows.
The gain reflects broader market caution, with traders monitoring geopolitical developments and Federal Reserve policy signals for further direction.