{"id":31603,"date":"2026-03-26T00:59:44","date_gmt":"2026-03-26T00:59:44","guid":{"rendered":"https:\/\/www.vtmarketsglobal.com\/en\/uncategorized\/31603\/"},"modified":"2026-03-26T00:59:44","modified_gmt":"2026-03-26T00:59:44","slug":"with-us-iran-ceasefire-hopes-fading-after-irans-response-silver-consolidates-just-below-its-daily-high","status":"publish","type":"post","link":"https:\/\/www.vtmarketsglobal.com\/en\/live-updates\/31603\/","title":{"rendered":"With US-Iran ceasefire hopes fading after Iran\u2019s response, silver consolidates just below its daily high"},"content":{"rendered":"Silver (XAG\/USD) slowed its rise on Wednesday and traded below the day\u2019s high as early optimism over US-Iran ceasefire efforts faded. XAG\/USD was near $72.74, up about 2%, after dropping earlier this week to around $61, its lowest since December 2025.\n\nSilver jumped after reports the US sent Iran a 15-point plan to end the conflict, which reduced geopolitical risk priced into Oil. Lower immediate inflation worries eased pressure on central banks to raise rates, supporting a non-yielding asset like Silver.\n\n<h3>Ceasefire Hopes Fade<\/h3>\nThe move weakened after Iran rejected the proposal, with Press TV reporting Tehran would end the conflict only on its own terms. Iran\u2019s conditions include stopping attacks and assassinations, guarantees the war will not restart, compensation for damages, an end to fighting across regional fronts, and recognition of control over the Strait of Hormuz.\n\nUncertainty supported the US Dollar, while high Oil prices kept inflation risks in place, limiting follow-through buying in Silver. Technical signals were neutral to mildly bearish, with price below the 50-day SMA at $85.51 and the 100-day SMA at $74.33.\n\nRSI was 40 and ADX was in the low 20s, pointing to weak momentum. Resistance sits at the 100-day SMA, with $80 next, while support is near $66.01, then $61.01, and the 200-day SMA at $57.99.\n\nThe rejection of the US ceasefire plan by Iran signals that geopolitical tensions will remain the primary driver for silver in the coming weeks. We are seeing this reflected in options pricing, with the Silver Volatility Index (SVIX) recently spiking to 42, a high not seen since the conflict began late in 2025. This environment suggests that outright directional bets are risky, and strategies profiting from price swings should be considered.\n\n<h3>Options Strategy Outlook<\/h3>\nIran&#8217;s firm stance, particularly its demand for control over the Strait of Hormuz, is keeping WTI crude oil prices elevated above $115 a barrel, sustaining inflation fears. This provides a fundamental reason for the US Dollar&#8217;s continued strength, which acts as a headwind for silver prices. Last week\u2019s Commitment of Traders report showed managed money funds trimmed their net-long silver futures positions by 12%, highlighting growing institutional caution.\n\nGiven the technical weakness below the 100-day moving average near $74.33, traders could consider buying put options to speculate on a retest of the $61 low from earlier this week. Conversely, call options with strike prices above $75 offer a defined-risk way to play a potential breakout driven by any unexpected de-escalation. The wide and uncertain price range makes long straddle positions, which benefit from a large move in either direction, an attractive strategy.\n\nWe can look back at the market&#8217;s reaction during the initial months of the Ukraine conflict in 2022 for a potential roadmap. Precious metals saw sharp, headline-driven swings in both directions before a clearer trend emerged. This historical precedent reinforces the idea that for now, nimble strategies are likely to be more effective than holding long-term directional positions.\n\n<b><a href=\"https:\/\/www.vtmarkets.com\/trade-now\/\">Create your live VT Markets account<\/a>\u00a0and\u00a0<a href=\"https:\/\/myaccount.vtmarkets.com\/login\">start trading<\/a>\u00a0now. <\/b>\n<p>\r\n\r\n<p><strong>Start trading now &#8211; Click <a href=\"https:\/\/www.vtmarketsglobal.com\/en\/trade-now\/\">here<\/a> to create your real VT Markets account <\/strong> <\/p>\r\n<!-- \/wp:post-content -->","protected":false},"excerpt":{"rendered":"<p>Silver rises 2% but retreats as Iran rejects US ceasefire plan; dollar, oil, bearish technicals cap gains.<\/p>\n","protected":false},"author":38,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[46],"tags":[],"class_list":["post-31603","post","type-post","status-publish","format-standard","hentry","category-live-updates"],"acf":[],"aioseo_notices":[],"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"josephine","author_link":"https:\/\/www.vtmarketsglobal.com\/en\/author\/josephine\/"},"_links":{"self":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/31603","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/users\/38"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/comments?post=31603"}],"version-history":[{"count":0,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/posts\/31603\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/media?parent=31603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/categories?post=31603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vtmarketsglobal.com\/en\/wp-json\/wp\/v2\/tags?post=31603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}