Silver price surpasses $69: Cautious rebound despite the Fed

The price of silver has regained some momentum following the Iran-U.S. agreement, but the U.S. Federal Reserve and technical resistance levels are tempering investor enthusiasm.

The price of silver is once again trading above $69 during Asian trading on Thursday, June 18, 2026, following several days of more hesitant movement. During the Asian session, the price per ounce rose to around $69.15, a real but very cautious move.

This rebound follows the signing of a memorandum of understanding between Presidents Donald Trump and Masoud Pezeshkian, aimed at ending the conflict between the United States and Iran. The geopolitical détente has pushed oil prices lower, easing inflation fears and driving investors toward defensive assets such as silver.

However, enthusiasm remains muted. The U.S. Federal Reserve kept its benchmark interest rates unchanged at its June meeting, but adopted a firmer tone than expected. The Fed is suggesting that high rates could persist for several months, or even be raised if inflation picks up again, which naturally weighs on silver.

From a technical perspective, the market remains fragile, facing several key resistance levels. The price is still trading below its 100-day simple moving average, which stands at around $77.62. Investors will be closely monitoring the $70 and $77.60 thresholds.

Faced with monetary uncertainties, some investors are turning to tangible assets such as gold bars and investment gold coins to diversify their portfolios.