Silver Loses $48 Million Amid Rising Oil Prices Due to Iran Tensions

Silver prices fell over 1% amid renewed Middle East tensions that boosted oil, which typically moves inversely with silver. Speculators had already reduced bullish bets before the recent escalation.

By Ananda Banerjee Wed, June 3, 2026 at 12:21 PM GMT+3 6 min read · Yahoo Finance · June 3, 2026, 09:21 UTC

Silver Loses $48 Million Amid Rising Oil Prices Due to Iran Tensions

Tickers: $JPM

Topics: geopolitical risk oil market pressure silver price speculative positioning

Read the full article at Yahoo Finance

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