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macroJun 15, 2026, 12:26 PM

Silver Surges as US Dollar Weakens on US-Iran Framework, Fed in Focus

Silver (XAG/USD) rallied nearly 4% on Monday, trading around $70.70, as the US Dollar slipped amid reports of a US-Iran framework and ahead of the Federal Reserve's policy decision.

XAGUSD

Silver (XAG/USD) surged on Monday, gaining 3.94% to trade near $70.70. The white metal extended its rebound as the US Dollar weakened on news of a potential US-Iran framework. Market participants also positioned ahead of the upcoming Federal Reserve decision, which added to the supportive backdrop for silver.

Source: FXStreet Forex News