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fxJun 8, 2026, 8:26 AM

Silver price extends losses near $67.00 as Middle East tensions rise

Silver (XAG/USD) fell for a second straight session, trading around $67.00 per troy ounce amid escalating geopolitical tensions in the Middle East.

XAG/USD

Silver (XAG/USD) continued its downward trend during European trading, holding near the $67.00 mark. The precious metal has now declined for two consecutive sessions.

Market sentiment remains risk-averse as Middle East tensions escalate, supporting safe-haven demand for the US dollar and pressuring silver prices. Traders are watching for further developments in the region.

Source: FXStreet Forex News