US-Iran Peace Talks Conclude, Silver Prices Jump, Spot Premiums Widen, Trading Weak [SMM Daily Review]
[SMM Daily Review: US-Iran Peace Talks Conclude, Silver Prices Surge, Spot Premiums Widen but Transactions Remain Weak] SMM, June 15: The US and Iran reached a memorandum of understanding, geopolitical risk premiums pulled back, and silver opened up more than 6%. In the spot market, sentiment to hold prices firm and hold back from selling strengthened, premiums widened with the high end expanding, but actual transactions remained weak.