Three numbers for Sunday night into Monday morning.
Number one, Brent crude at the Sunday night Asian open. It closed Friday around $73.91. The market has not repriced the Friday night US strikes and Saturday's Iranian counter strikes yet. That repricing happens Sunday night.
If Brent opens above $75 and pushes toward $78, the entire deflationary narrative that drove the dollar to a one-year high and killed metals for two weeks begins unraveling live. Every dollar above… See More
$78 matters.
Number two, Comex registered vault Monday morning. 87.1 million ounces Friday. The CME posts this before the US session opens. If that number drops below 85 million while July open interest is still above 15,000 contracts, physical delivery pressure is developing in real time in this window.
Number three, the dollar index. The DXY is the engine of this entire paper price decline. Not Korea, not Iran, not the Fed in isolation. The dollar. If DXY breaks lower at the Sunday night open in response to the Hormuz military exchange, the mechanism that has been pressing silver down for 2 weeks is reversing. That is the signal above all other signals. Everything else follows within hours.
Oil vault dollar in that order.
Bank silver price predictions for year-end 2026 range widely, with J.P. Morgan predicting an average of $81 per ounce, Deutsche Bank eyeing $100 per ounce, and Bank of America presenting a more aggressive forecast targeting a range of $135 to $309 per ounce.
Don't let volatility serve as the guide of your purchase or sell decisions. Study structure.