---
title: "Silver Holds Decline on Inflation Worries"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286689337.md"
description: "Silver prices fell below $77 an ounce, dropping over 13% in two sessions due to inflation concerns linked to rising energy prices. A stronger US dollar and increased Treasury yields, alongside UBS's reduced silver demand forecast to 300 million ounces, further pressured the market. The global silver market deficit is now expected to narrow to 60–70 million ounces, down from 300 million ounces."
datetime: "2026-05-18T00:03:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286689337.md)
  - [en](https://longbridge.com/en/news/286689337.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286689337.md)
---

# Silver Holds Decline on Inflation Worries

Silver traded below $77 an ounce on Monday after plunging more than 13% over the previous two sessions, as growing signs that the Middle East-driven energy price shock is spilling over into broader inflation trends reinforced expectations for tighter central bank policy.

The metal also faced pressure from a stronger US dollar and rising Treasury yields after hotter-than-expected US inflation data prompted investors to rule out any Federal Reserve rate cuts this year, while also increasing bets that policymakers could still deliver a rate hike before year-end.

Further weighing on sentiment, UBS strategists sharply lowered their full-year silver investment demand forecast to 300 million ounces from more than 400 million ounces, citing softer industrial demand and rising mine supply.

The bank also projected the global silver market deficit to narrow significantly to around 60–70 million ounces, compared with an earlier estimate of roughly 300 million ounces.

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