Silver price climbs on Middle East tensions, faces drag from yields - fxstreet.com

Silver's catching a safe haven bid from Middle East tensions while fighting the yield monster. This is textbook precious metals action. The geopolitical premium is real money flowing into physical assets when uncertainty spikes. But rising yields create paper selling pressure through ETFs and futures. Here's what matters for stackers: physical premiums are holding steady despite the yield drag. COMEX registered silver sits near historic lows while industrial demand keeps grinding higher. The yield headwind is temporary noise. Middle East tensions remind everyone why you hold metals in the first place. Silver at $69 with this setup? Still building the foundation for the next leg higher.