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 stayed strong above \$36.50 per ounce on Friday, marking its third straight day of gains. The rise was mainly driven by a weaker U.S. dollar as traders increased bets on more interest rate cuts by the Federal Reserve.
Fed Chair Jerome Powell recently gave a dovish message during his testimony to Congress. He indicated that if inflation weren’t being influenced by tariffs, the Fed might have already resumed cutting rates.
Meanwhile, President Trump is expected to name a new Fed Chair as early as September or October, possibly choosing someone who supports looser monetary policy.
Market sentiment also improved after the White House suggested there was less urgency around upcoming tariff deadlines. This helped ease concerns about a prolonged trade conflict, boosting investor confidence.
Beyond policy news, silver is benefiting from strong industrial demand and ongoing supply issues. In June, silver outshined gold—climbing about 11% while gold prices remained mostly unchanged.
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