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macroAug 17, 2026, 6:20 PM

Silver climbs nearly 1.8% as dollar drops and haven demand returns

Silver gained almost 1.8% on Monday as the US dollar weakened and US-Iran uncertainty lifted safe-haven interest in precious metals.

XAGUSD

Silver rose almost 1.8% on Monday, supported by a lower US dollar and renewed demand for safe-haven assets.

Investor sentiment was clouded by uncertainty around the US-Iran conflict, which helped the precious metals segment recover its haven status.

The move came amid broad dollar weakness, with XAG strengthening while traders assessed geopolitical risks.

Source: FXStreet Forex News