S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
- Silver price climbs to around $81.50 in Monday’s early Asian session, adding 1.45% on the day.
- Demand from rising industrial applications and investment underpins the Silver price.
- The US and Iran rejected each other’s latest peace proposals to end the 10-week conflict.
Silver price (XAG/USD) rises to near $81.50 during the early Asian trading hours on Monday. The white metal extends the rally amid rising demand from industrial applications. Traders will closely monitor the developments surrounding the US-Iran peace deal for fresh impetus.
Silver’s demand is driven by photovoltaics, electromobility, semiconductors, and AI infrastructure. Several analysts expect industrial demand to exceed supply in 2026 as well. Additionally, investment demand also remains robust.
According to the latest World Silver Survey data, global physical investment demand in 2025/early 2026 was at a multi-year high. This was mostly due to Indian investors and a significant change in European precious metals trading toward silver.
On the other hand, concerns that major central banks might maintain their restrictive course longer in light of rising energy prices could weigh on the precious metals. It’s worth noting that Silver is often used amid geopolitical uncertainty but does not yield interest, making it less attractive when interest rates are high.
US President Donald Trump rejected new Iran peace proposals to end the war as “totally unacceptable.” Tasnim news agency said Tehran’s proposal included an immediate end to the war on all fronts, a halt to a US naval blockade, and guarantees of no further attacks on Iran.
