Silver Forecast: Silver Drops as Rates Rise

Silver plunged on April 22, 2026 after geopolitical talks between the US and Iran were reported on hold, sending interest rates and Treasury yields higher. The author says higher yields sap risk appetite and pressure non‑yielding assets like silver, forecasting further downside toward $70 and noting key technical levels: resistance near $82, a breakout target at $90, and the 200‑day EMA around $65 as deeper support. Traders are advised to watch the 10‑year yield — if it rises, silver is likely to fall further. The piece is a near‑term bearish technical forecast driven by macro/policy and geopolitical developments.