This Silver analysis reviews the commodity from technical and fundamental aspects. It also features trend examination, price forecasts, support and resistance levels, and trading signals.
We update this page daily to ensure you have the latest information by covering the XAG/USD price changes.
Silver Analysis & Live Chart
Silver Fundamental Analysis
Bloomberg—Silver prices surged past $34.0 per ounce, reaching their highest level since October 2024 and gaining nearly 4% this week. The increase came as growing global trade tensions drove investors toward safe-haven assets.
President Donald Trump announced a 25% tariff on all imported cars and light trucks on Wednesday, effective in April. He also introduced reciprocal tariffs on nations that impose duties on US goods and pledged to keep these policies in place throughout his second term.
These measures sparked concerns about possible retaliation, raising fears of slower US economic growth and renewed inflation. Additionally, the Federal Reserve’s expectations of further interest rate cuts boosted silver prices.
Markets anticipate two rate cuts this year—one in June and another in September—and the likelihood of a third cut in December is increasing.