Silver price maintains its position near the highest level since February 2012. The safe-haven demand For Silver increases as soft US economic data fuels the Fed rate cut odds. US NFP could have added 130,000 jobs in May, while the Unemployment Rate is expected to hold steady at 4.2%. Silver price (XAG/USD) remains stronger for
Silver prices maintain their bid tone, favoured by a weak USD.. Weak US services and employment figures boosted safe-haven demand on Wednesday. XAG/USD is moving within a small ascending triangle, a bullish sign. Silver prices (XAG/USD) maintain their bullish structure intact, with bulls aiming for the $34.60-$34.80 resistance area, with downside attempts contained above the
Silver keeps posting lower highs since peaking at $33.70 last weekRecent price action is forming a descending triangle pattern, a bearish sign.XAG/USD: Below the $32.60-3270 support, the next targets are $32.15 and $31.70. Silver prices (XAG/USD) are paring losses during Friday’s European session. The pair has returned above the $33.00 level following a significant reversal
XAG/USD is down 0.70% after hitting a two-day low; bullish momentum remains intact above the 50-day SMA. Silver finds support at $32.77 as RSI indicates that bulls are still in control. Key resistance at $33.69 must be cleared to target $34.58 and $35.00. A daily close below $32.90 could open the path toward 100- and
Silver price depreciates as easing US-EU trade tension diminishes the safe-haven demand. The safe-haven demand for Silver may revive due to growing concerns over US debt issues. The non-yielding Silver may attract buyers due to reduced opportunity cost amid lower long-term US yields. Silver price (XAG/USD) loses ground after registering gains in the previous two
Silver rallies over 1%, clearing $33.00 for the first time since April amid renewed safe-haven demand. Technical breakout confirmed, with XAG/USD surpassing the 50-day SMA and a key resistance trendline near $32.75. Momentum favors bulls, as RSI trends higher, signaling potential for further gains toward $33.50 and $34.00. Downside risk limited to $33.00 support; failure
Silver price may find initial support at the six-week low of $31.65. The 14-day RSI remains below the 50 level, indicating a potential for a bearish bias. The nine-day EMA of $32.48 appears as the immediate resistance. Silver price (XAG/USD) seems to extend its losses for the third successive session, trading around $32.30 per troy
Silver price declined as optimism surrounding potential ceasefire talks between Russia and Ukraine dampened demand for safe-haven assets. President Trump announced that Ukraine and Russia are preparing to enter immediate ceasefire negotiations, possibly excluding US participation. Silver’s losses on Monday were partially offset by Moody’s decision to downgrade the US sovereign credit rating. Silver price
Silver price is declining as safe-haven demand for precious metals weakens amid easing trade-war concerns. President Trump highlighted progress in negotiations and confirmed recent communications with Chinese President Xi Jinping. Dollar-denominated silver is losing its appeal, with the US Dollar strengthening on growing optimism over improving US-China trade relations. Silver price (XAG/USD) is depreciating after
Silver price trades sideways around $34.00 as investors await the release of a detailed reciprocal tariff plan by US President Trump on Wednesday. Trump tariffs will result in a downgrade of global economic growth, including the US. Fed Daly’s confidence has declined in her expectations of two interest rate cuts this year. Silver price (XAG/USD)