Silver slips below $58 on US-Iran peace uncertainty

Silver prices edged lower during the Asian session, trading just under the $58 mark. The decline of roughly 1% comes amid renewed uncertainty over the prospects for a US-Iran peace deal.

Geopolitical risk often drives safe-haven demand for metals, but the lack of clarity on diplomatic progress appears to be creating a cautious tone for silver. Traders are watching for further developments that could shift sentiment in either direction.