Spot silver rebounded to $64.78 per ounce on September 25, 2026, recovering from earlier losses as the dollar and US Treasury yields pulled back from recent highs.
The metal rose more than one percent after touching a daily low of $63.07, with technical support holding near its 50-day moving average of $63.78 and the $62.98 level.
The recovery came as the US Dollar Index slipped to 101.05 and 10-year Treasury yields eased to 5.15 percent from 19-year highs seen earlier in the week.
Fed Signals Keep Rate Pressure in View
Strategists said the softer yields support non-yielding assets like silver, but the broader rate environment still leans toward tighter policy.
Federal Reserve Governor Michael Barr said further policy adjustments are likely needed to bring inflation back to target in a timely fashion.
New York Fed President John Williams described the US economy as showing "remarkable resilience" and said inflation remains the main challenge.
"Another rate hike may be appropriate by the end of the year," Williams added.
Strong economic data and elevated energy prices continue to feed expectations of another rate increase before year-end.
Analysts see $63 as key downside support, warning a sustained break could open a slide toward $60, while resistance sits near $70.
