{"id":63582,"date":"2026-06-22T23:08:14","date_gmt":"2026-06-23T03:08:14","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions\/63582\/"},"modified":"2026-06-22T23:08:14","modified_gmt":"2026-06-23T03:08:14","slug":"global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions\/63582\/","title":{"rendered":"Global Markets Shaken by Silver Sell-Off and Strait of Hormuz Tensions"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions\/63582\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions\/63582\/#Precious_Metals_and_Commodities\" >Precious Metals and Commodities<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions\/63582\/#Market_Infrastructure_and_Trading\" >Market Infrastructure and Trading<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions\/63582\/#Geopolitical_Tensions_in_the_Middle_East\" >Geopolitical Tensions in the Middle East<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions\/63582\/#Chinas_Fiscal_Maneuvers\" >China\u2019s Fiscal Maneuvers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions\/63582\/#East_Asian_Security\" >East Asian Security<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/global-markets-shaken-by-silver-sell-off-and-strait-of-hormuz-tensions\/63582\/#Domestic_Political_and_Legal_Developments\" >Domestic Political and Legal Developments<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong><a href=\"https:\/\/stockmarketwatch.com\/metal\/silver\" data-internallinksmanager029f6b8e52c=\"5\" title=\"silver price today\">Silver<\/a> prices plunged 3% to $63.21\/oz<\/strong> in spot markets, reversing recent gains as geopolitical risk premiums shifted and industrial demand outlooks fluctuated.<\/li>\n<li><strong>CME Group (<a href=\"\/stock\/CME\">CME<\/a>) successfully restored its CME Direct platform<\/strong> following a four-hour outage that sidelined traders during a critical session, though the core Globex engine remained unaffected.<\/li>\n<li><strong>Iran&#39;s proposed maritime fees in the Strait of Hormuz<\/strong> have drawn sharp rebukes from shipping officials and the UN, who label the move &quot;sabotage&quot; and a violation of international law.<\/li>\n<li><strong>China\u2019s Ministry of Finance announced a 20 billion yuan issuance<\/strong> of 3-month treasury bills, continuing a trend of low-yield auctions to support domestic liquidity.<\/li>\n<li><strong>North Korean leader Kim Jong Un labeled Japan a &quot;war state,&quot;<\/strong> signaling heightened regional tensions and a commitment to accelerating Pyongyang\u2019s nuclear capabilities.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Precious_Metals_and_Commodities\"><\/span>Precious Metals and Commodities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Silver prices declined roughly 3%<\/strong> on Tuesday, with spot prices hitting <strong>$63.21 per ounce<\/strong>. This sharp pullback follows a period of volatility where the metal had briefly surged on Middle East tensions. Analysts suggest the decline is a reaction to a potential 60-day roadmap toward a peace agreement in the region, which has begun to deflate the &quot;war premium&quot; previously baked into precious metals.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Market_Infrastructure_and_Trading\"><\/span>Market Infrastructure and Trading<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>CME Group (<a href=\"\/stock\/CME\">CME<\/a>) reported that its <strong>CME Direct platform is now fully restored<\/strong> after a significant disconnection event on June 22. The outage, which lasted approximately four hours, was attributed to a third-party network issue. While the <strong>CME Globex<\/strong> matching engine remained operational, many traders relying on the web-based interface were unable to execute futures and options trades during the disruption.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Geopolitical_Tensions_in_the_Middle_East\"><\/span>Geopolitical Tensions in the Middle East<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Maritime transport officials have issued stern warnings against allowing <strong>Iran to collect transit fees<\/strong> in the Strait of Hormuz. Shipping industry leaders characterized the move as &quot;sabotage of the global economy,&quot; noting that insurance companies have already begun refusing Iran&#39;s demands to register ships before passage. Furthermore, experts cautioned that a return to normal navigation is &quot;impossible without mine removal,&quot; highlighting the physical risks remaining in the waterway.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Chinas_Fiscal_Maneuvers\"><\/span>China\u2019s Fiscal Maneuvers<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>China continues to manage its debt markets aggressively, with the Finance Ministry set to issue <strong>20 billion yuan of 3-month treasury bills<\/strong> on June 24. This follows recent auctions of 1-month and 3-month deposits which yielded <strong>1.67% and 1.69%<\/strong> respectively. These low yields reflect high demand for safe-haven Chinese paper and a deliberate effort by Beijing to keep borrowing costs suppressed amid a complex economic recovery.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"East_Asian_Security\"><\/span>East Asian Security<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In a speech following a three-day ruling party meeting, North Korean leader <strong>Kim Jong Un<\/strong> criticized Japan for transforming into a <strong>&quot;war state.&quot;<\/strong> Kim argued that Japan is using global instability to shed post-war military restrictions. He vowed to accelerate the development of &quot;powerful defense assets&quot; and reaffirmed North Korea\u2019s status as a nuclear state to counter what he described as &quot;gangster-like&quot; international pressure.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Domestic_Political_and_Legal_Developments\"><\/span>Domestic Political and Legal Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>Elon Musk<\/strong> has called for the arrest of Representative <strong>Ro Khanna<\/strong> following a U.S. Department of Justice announcement regarding a massive bribery scheme. The case involves a <strong>USAID official<\/strong> and several business executives who pleaded guilty in a scheme involving over <strong>$550 million in government contracts<\/strong>. The public spat highlights deepening friction between the tech billionaire and congressional oversight figures.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways Silver prices plunged 3% to $63.21\/oz in spot markets, reversing recent gains as geopolitical risk premiums shifted and 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