Silver Price Slips to Near $67.00 as Middle East Tensions Flare

Silver pulled back to roughly $67.00 per troy ounce in Friday’s Asian session, reversing a portion of the more than 6% rally posted a day earlier. The precious metal came under selling pressure after new military clashes erupted in the Middle East, undermining recent hopes for a diplomatic resolution.

The flare-up in geopolitical risk has weighed on risk sentiment, prompting profit-taking in silver after its sharp advance. Traders are now monitoring whether further escalation will sustain safe-haven demand or push prices lower as liquidity shifts to the dollar.

Technically, $67.00 acts as a near-term support level. A break below could expose the next downside target, while a recovery above the previous session’s high would signal renewed bullish momentum.