Silver Prices Hit Eight-Month Lows Amid U.S.-Iran Tensions
On July 17, 2026, silver prices fell to eight-month lows amid escalating tensions between the U.S. and Iran over control of the Strait of Hormuz. Silver futures opened at $55.83 per ounce, down 0.6% from Thursday's close, with a monthly decline exceeding 20%. Analysts suggest rising inflation and potential interest rate hikes by the Fed may further suppress silver prices.
Topics: geopolitical_conflict inflation silver