{"id":438760,"date":"2026-09-24T20:40:09","date_gmt":"2026-09-24T13:40:09","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/silver-falls-back-to-the-key-63-support-as-real-yields-surge-amid-rising-oil-prices-and-strong-us-pmis-438760\/"},"modified":"2026-09-24T20:40:09","modified_gmt":"2026-09-24T13:40:09","slug":"silver-falls-back-to-the-key-63-support-as-real-yields-surge-amid-rising-oil-prices-and-strong-us-pmis","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/silver-falls-back-to-the-key-63-support-as-real-yields-surge-amid-rising-oil-prices-and-strong-us-pmis-438760\/","title":{"rendered":"Silver falls back to the key $63 support as real yields surge amid rising oil prices and strong US PMIs"},"content":{"rendered":"
\n

FUNDAMENTAL
\n OVERVIEW<\/p>\n

\u00a0<\/p>\n

Silver has benefited recently from the sharp decline in oil prices as
\n expectations of a de-escalation and an earlier end to the conflict increased.
\n Lower energy prices eased inflation concerns and reduced expectations for more
\n aggressive tightening, creating a supportive environment for silver.<\/p>\n

However, those expectations faded after the UN General Assembly, where
\n Trump reiterated that the US would make a deal with Iran after the November
\n elections. His remarks reduced optimism over a near-term resolution and
\n contributed to a renewed rise in oil prices.<\/p>\n

Risk sentiment subsequently deteriorated, with silver coming under
\n additional pressure yesterday after the US Flash PMIs<\/a> showed significantly stronger
\n than expected growth. The data triggered another hawkish repricing, sending real
\n yields higher and weighing on the precious metal.<\/p>\n

The focus will remain on interest rate expectations and developments in the
\n Middle East. If markets begin to sense an earlier end to the conflict, or there\u2019s
\n a surprise breakthrough in US-Iran negotiations, oil prices will resume the
\n decline, trigger a dovish repricing and providing support to silver.<\/p>\n

Conversely, if the situation remains unresolved or things re-escalate,
\n crude oil will likely continue to move higher. This would reinforce
\n expectations for tighter monetary policy and higher real yields, creating
\n additional headwinds for silver.<\/p>\n

\u00a0<\/p>\n

SILVER TECHNICAL
\n ANALYSIS \u2013 DAILY TIMEFRAME<\/p>\n<\/p>\n

On the daily chart, we can
\n see that silver<\/a>\u00a0(CFD contract)\u00a0pulled once again back to the
\n key 63.00 support. We can expect the buyers to step in around the support, with
\n a defined risk below it, to position for a rally into the 71.50 level. The
\n sellers, on the other hand, will want to see the price breaking lower to pile
\n in for a drop into the 55.00 handle next.<\/p>\n

\u00a0<\/p>\n

SILVER TECHNICAL ANALYSIS \u2013
\n 4 HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 4 hour chart, we
\n have a minor resistance zone around the 65.00 level. If the price rebounds and
\n pulls back into the resistance, we can expect the sellers to step in there,
\n with a defined risk above the resistance, to position for a break below the
\n support. The buyers, on the other hand, will want to see the price breaking
\n higher to increase the bullish bets into the 71.50 level next, with the 68.00
\n level as the first target.<\/p>\n

\u00a0<\/p>\n

SILVER TECHNICAL ANALYSIS \u2013
\n 1 HOUR TIMEFRAME<\/p>\n<\/p>\n

On the 1 hour chart, we
\n have a minor downward trendline defining the bearish momentum. We can expect
\n the sellers to lean on the trendline with a defined risk above it to keep
\n pushing into new lows. The buyers, on the other hand, will look for a break
\n higher to increase the bullish bets into the 65.00 resistance next. The red
\n lines define the average daily range<\/a> for today.<\/p>\n

UPCOMING CATALYSTS<\/p>\n

Today<\/a>, we have the Trump-Xi meeting and the US Jobless Claims data, but the
\n focus will remain on US-Iran developments.<\/p>\n<\/p>\n

This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

FUNDAMENTAL OVERVIEW \u00a0 Silver has benefited recently from the sharp decline in oil prices as expectations of a de-escalation and an earlier end to the conflict increased. Lower energy prices eased inflation…<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-438760","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=438760"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438760\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=438760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=438760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=438760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}