Silver (XAG/USD) trades on a strong footing on Monday, reaching levels above $65.80 at the European session opening times, after bouncing from the $63.50 area on Friday. Precious metals are being boosted by US Dollar (USD) weakness, as recent US macroeconomic data has curbed hopes of Federal Reserve (Fed) interest rate hikes this year.
XAG/USD
Silver Price Forecast: XAG/USD Holds Near $62 After Strong Two-Day Rally
Silver Price Forecast: Silver (XAG/USD) trades at $62, showing a corrective reaction, as the last two days’ rally was looking overextended. The 4-hour Relative Strength Index (14) is pulling back from overbought levels but remains in bullish territory, and the Moving Average Convergence Divergence (MACD) indicator is above zero, all in all showing that buyers retain control.
Neal Bhai Silver Price Forecast 2026: Why XAG/USD Could Rally Towards $90 and $94
Neal Bhai Silver Price Forecast 2026: Silver (XAG/USD) is clearly showing strong bullish momentum in the global market. Due to continuous shortage in physical silver supply and growing global economic uncertainty, investors are increasingly turning towards silver as a safe-haven asset.
Silver Price Today: Fragile Sentiment Keeps XAG/USD Under Pressure
Silver Price Today: Silver prices are struggling to gain strength as fragile market sentiment continues to dominate global markets. Despite occasional bounce attempts, XAG/USD remains under pressure, showing hesitation among traders.
Silver Price Falls After Record Highs as Traders Book Profits
Silver price witnessed a sharp correction on Wednesday after touching record high levels in recent sessions. The fall came mainly due to profit-taking by traders, who decided to book gains after the strong rally seen over the past few days.