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macroJun 12, 2026, 4:13 PM

Silver firms on USD weakness, easing US-Iran haven demand

Silver (XAG/USD) trades around $67.50, up 0.21% on the day, supported by a weaker US dollar and reduced haven demand as US-Iran diplomatic progress improves market sentiment.

XAGUSD

Silver (XAG/USD) held a positive bias on Friday, trading near $67.50 at the time of writing, up 0.21% on the day.

The white metal benefited from a softer US dollar, while easing haven demand due to diplomatic progress between the United States and Iran also supported prices. Improved market sentiment weighed on safe-haven assets, but silver managed to maintain its upward momentum.

Source: FXStreet Forex News