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Silver Hits $60 Amid 6th Deficit Year: Will Green Demand Win?

From fxleaders.com

Silver prices hover near $60 in July 2026 amid 6th deficit year & booming solar/EV demand. Explore Fed policy, US-Iran deal impact & technical outlook for smart investing insights. As of July 7, 2026, prices of silver remain steady around $60 per ounce over a slow-moving weekend. Traders are assessing the metal’s fundamentally sound long-term outlook against near-term factors such as a stronger greenback and softening geopolitical stress. If you are unfamiliar with this asset class, silver is best described as a hybrid: it serves as an essential industrial metal for solar and electric vehicles, while ... (full story)

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  • Category: Fundamental Analysis