**BREAKING: Silver Retreats as Dollar Rebounds Following US-Iran Tensions Ease**
Silver prices pulled back Monday after surrendering earlier gains, as the US Dollar recovered from a bearish gap that opened the week. The precious metal’s reversal came after temporary de-escalation in hostilities between the United States and Iran prompted traders to reassess safe-haven positioning.
The XAG/USD pair has been trading within a defined $55-$62 range, with market participants now watching whether upcoming Federal Reserve policy decisions could provide the catalyst to break this technical boundary. The dollar’s rebound pressured silver as investors rotated away from precious metals following the easing of immediate geopolitical risks.
Safe-haven flows that initially boosted silver at the week’s open quickly reversed as the temporary pause in US-Iran attacks reduced immediate conflict concerns. Traders are now focusing on Fed monetary policy signals as the key driver for silver’s next directional move beyond its current trading range.
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FXnCO Insight
** Monitor Fed commentary closely this week—any hawkish surprises could accelerate silver’s downside break below $55, while dovish signals may finally push XAG/USD above $62 resistance.
Source: FXStreet