The price of silver has grown by almost three percent, and it is now very close to $99 per ounce. A strong surge in the metals market has been launched as a result of the depreciation of the dollar, which has been spurred by the rising tensions between the United States and Europe. Participants in the market predict that the Federal Reserve will maintain the interest rates that are now in place, while also taking into account the possibility of two rate decreases in the future.

An increased trajectory in demand is being contributed to by a number of factors, including the mechanics of short squeezes, retail purchasing trends, and the ramifications of China’s export prohibitions. In light of the geopolitical unpredictability, there has been a discernible rise in the amount of interest that investors have shown in tangible assets.

Silver had a spectacular spike on Friday, with its price climbing nearly three percent to reach close to $99 per ounce. This increase was brought about by a stronger demand for tangible assets as well as a weakening of the dollar. As a result of the interplay of geopolitical tensions between the United States and Europe, as well as concerns regarding Greenland and the potential repercussions of US asset holdings, the dollar has been subjected to pressure, while at the same time the value of precious metals has been bolstered.

Participants in the market are predicting that the Federal Reserve will maintain the current level of interest rates during the forthcoming week. However, they are also taking into consideration the likelihood of two rate reductions in 2026, particularly in the event that a more dovish Fed head is installed. The recent rise has had noteworthy momentum, which has been fueled by a significant short squeeze, vigorous retail purchasing activity, and the adoption of harsher export rules in China. All of these factors have contributed to the upward movement in silver prices.