Silver erases all post-ceasefire gains as hawkish central banks weigh on precious metals

Silver has reversed all post-ceasefire gains and is under renewed pressure as a hawkish Federal Reserve outlook outweighs supportive factors (lower real yields, looser financial conditions, weaker dollar). The article warns the Fed’s bias could keep rate expectations elevated even if geopolitical tensions ease, limiting silver’s upside. Technicals show a breakdown under the key 78.00 level with downside targets near the major uptrend around 67.00 and a further extension to ~55.00 if sellers prevail. Shorter-term levels: 72.60 is a 4‑hour swing support and a 1‑hour break above a minor downtrend would expose resistance near 75.00. Upcoming US data (Consumer Confidence today; FOMC decision tomorrow; Q1 GDP, ECI, jobless claims, ISM PMI later in the week) are likely catalysts that could drive volatility and determine whether silver can regain momentum or extend losses.