Silver Price Forecast: XAG/USD holds gains near $72.00 due to Middle East peace hopes - FXStreet

Silver holding near $72 on Middle East peace optimism tells me the market hasn't learned much. Industrial demand doesn't care about geopolitics - it cares about supply chains and manufacturing. The real driver here is monetary debasement and supply constraints. COMEX registered silver sits at multi-year lows while industrial demand from solar and electronics keeps climbing. Peace or war, the fundamentals haven't changed. Central banks can't print silver and miners can't replace what's being consumed. This consolidation above $70 looks healthy before the next leg up. Stack the dips when sentiment shifts.