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Silver's Missing Crisis Trade: Why a War Keeps Pushing It Down
The Strait of Hormuz has closed twice this year, and both times silver fell instead of rallying, because the crisis bid went into the US dollar rather than into metals.
Date:
23.07.2026 |
Source:
fxempire.com
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Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.137760 | -0.30144% |
| GBPUSD | 1.331700 | -0.42322% |
| USDJPY | 163.823000 | +0.44883% |
| XAUUSD | 4050.510000 | -1.919% |
| USDCAD | 1.408340 | -0.023426% |
| NZDUSD | 0.577260 | -0.74792% |
| USDCHF | 0.816790 | +0.3255% |
| AUDUSD | 0.696600 | -0.42455% |
| EURGBP | 0.854340 | +0.18176% |
| EURJPY | 186.381000 | +0.20215% |
| GBPJPY | 218.168000 | +0.049986% |
| AUDJPY | 114.122000 | +0.16413% |
| CADJPY | 116.336000 | +0.4863% |
| CHFJPY | 200.564000 | +0.16031% |
| NZDJPY | 94.561000 | -0.26579% |
| GBPCHF | 1.087720 | -0.10286% |
| EURCHF | 0.929300 | +0.073227% |
| USDMXN | 17.524820 | +0.81006% |
| USDZAR | 16.818120 | +2.48702% |
| USDTRY | 47.220860 | +0.033598% |
| USDRUB | 78.288800 | +0.42369% |
| USDSEK | 9.753760 | +0.65385% |
| USDCNY | 6.769600 | -0.035443% |
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