| 13 Mar 2026 14:22 | | Hot Commodites: Silver slips toward $80 as dollar strength and war tensions weigh | | | Silver futures drifted toward $80 per ounce on Friday, marking a third consecutive decline and putting the metal on track for a weekly loss of more than 2% as a stronger dollar and escalating Middle East tensions pressured prices. Firm safe-haven demand lifted the dollar, with the index climbing above 100 and heading for a second straight weekly gain. The rhetoric between Donald Trump and Mojtaba Khamenei intensified market anxiety after Tehran threatened to keep the Strait of Hormuz closed and warned of further escalation if attacks by the United States and Israel continue. Rising energy prices have heightened inflation concerns, reducing expectations for near-term interest rate cuts by the Federal Reserve. Investors are now awaiting the upcoming PCE price index, the Fed’s preferred inflation gauge, for fresh signals on price trends, while MCX May silver futures also declined more than 2% to around ₹2,62,500 per kg.
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