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fxJun 22, 2026, 1:02 AM

Silver Rebounds to $66.00 as US-Iran Talks Optimism Fades

Silver (XAG/USD) breaks its three-day losing streak, trading around $65.90 per ounce during Asian hours, supported by fading optimism over US-Iran nuclear talks.

XAGUSD

Silver (XAG/USD) halted its three-day losing streak during Asian trading on Friday, recovering to near $65.90 per troy ounce. The precious metal rebounded as optimism over US-Iran nuclear negotiations waned, reducing expectations of a loosening of sanctions that could have increased global silver supply.

The bounce comes after three consecutive days of declines, with silver finding support near $65.00. Market participants are now focusing on upcoming economic data and geopolitical developments for further direction. The fading talks suggest continued uncertainty in the Middle East, which tends to boost safe-haven assets like silver.

Source: FXStreet Forex News