Silver prices held below the $61.00 level following reported missile attacks on Riyadh's airport on October 12. The attacks led to a decline in Saudi shares and cautious trading across the Gulf region, resulting in the evacuation of global oil CEOs from an energy congress. Reports indicate that the strikes targeted the core of Saudi Arabia's economic pivot and transformation plans.
Saudi Arabian equities declined as regional investors adopted a cautious stance following reports of a second infrastructure attack.
Read the full storySilver prices maintained a steady floor as geopolitical tensions in Saudi Arabia spurred safe-haven demand, keeping the metal resilient despite broader market pressures.
