SilverXAGUSD
Daily Market Briefing
Latest briefing
Silver (XAGUSD) rebounds to $66.21 after initial drop below $65 post-strong US jobs data.
Silver prices experienced volatility following a robust U.S. nonfarm payrolls report, which initially pushed the metal below the $65 mark. However, technical support at the 200-day exponential moving average facilitated a recovery, bringing silver back to $66.21. This rebound suggests underlying buying interest despite the initial bearish reaction.
Previous briefings
Silver (XAGUSD) drops to $63.77 as Fed's Warsh signals persistent inflation concerns.
Over the past 24 hours, silver prices have declined to $63.77, erasing earlier gains driven by rising Treasury yields. This downturn follows Federal Reserve Chair Kevin Warsh's hawkish remarks indicating that inflation remains elevated and financial conditions may not yet be sufficiently restrictive. The market now anticipates the upcoming U.S. Consumer Price Index (CPI) report as a critical factor influencing future price movements.
Silver recovers to $66.20 after brief dip below $65 post-NFP report.
Silver prices experienced volatility following the latest Nonfarm Payrolls (NFP) report, initially dipping below $65 before rebounding to approximately $66.20. This fluctuation reflects market reassessment of the labor market's strength and its potential impact on future interest rate decisions.
Silver rebounds above $64 as soft US labor data counters inflation fears
Silver (XAGUSD) has recently recovered from a sharp 5% correction, climbing back above the $64 mark. This rebound follows weaker-than-expected US ADP private payrolls data, which challenged the hawkish Federal Reserve outlook driven by rising energy prices. The soft labor data suggests a cooling labor market, potentially reducing the need for further rate hikes and alleviating inflation concerns.
Silver (XAG/USD) declines 2.50% to $64.84 amid hawkish Fed signals
Over the past 24 hours, silver prices have fallen by 2.50%, reaching $64.84, influenced by hawkish signals from the Federal Reserve and increasing Treasury yields. These factors have strengthened the U.S. dollar, raising the opportunity cost of holding non-yielding assets like silver. Additionally, technical resistance and profit-taking have contributed to the downward pressure.
Silver (XAGUSD) remains stable around $63, awaiting Federal Reserve guidance.
Over the past 24 hours, silver prices have held steady near $63, as traders anticipate insights from the Federal Reserve's upcoming communications. The market is particularly focused on the Federal Open Market Committee (FOMC) minutes, which may provide clarity on the Fed's stance regarding inflation and interest rates. These developments are crucial for determining silver's near-term direction.
Silver drops 4% to $66.76 after Fed Chair Warsh's hawkish Jackson Hole speech.
Silver prices declined sharply following Federal Reserve Chair Kevin Warsh's hawkish remarks at the Jackson Hole Economic Symposium, which heightened expectations of a potential rate hike. This led to a sell-off in precious metals, with silver closing at $66.76 per ounce, down 3.60% on August 28.
Silver (XAG/USD) drops 4% to $66.36 as Fed Chair Warsh revives rate-hike concerns.
In the past 24 hours, silver prices declined by over 4%, closing at $66.36, following Federal Reserve Chair Kevin Warsh's remarks at the Jackson Hole Symposium, which reignited expectations of a September rate hike. This hawkish stance led to a rise in yields and the U.S. dollar, pressuring silver prices. Additionally, silver's industrial demand concerns further contributed to the selloff.
Silver (XAG/USD) drops 3.60% to $66.76 after false breakout and hawkish Fed comments.
Silver prices declined sharply following a false breakout above the $70.00 mark and hawkish remarks from Federal Reserve Chair Kevin Warsh at the Jackson Hole Symposium. These developments have dampened bullish momentum, with the Relative Strength Index (RSI) indicating potential loss of short-term buying interest. A break below the $66.00 level could expose further downside toward $65.00 and the 50-day Simple Moving Average (SMA).
Silver (XAG/USD) trades at $68.35, awaiting Fed Chair Warsh's Jackson Hole speech.
Silver prices have stabilized around $68.35, with a slight decline of 0.26% over the past 24 hours. This consolidation reflects market anticipation ahead of Federal Reserve Chair Kevin Warsh's upcoming speech at the Jackson Hole Symposium, which is expected to provide insights into future U.S. monetary policy. Additionally, recent U.S. Personal Consumption Expenditures (PCE) data indicating persistent inflation have contributed to a stronger U.S. dollar, exerting downward pressure on silver prices.
Silver prices rise 1% to $69.35 per ounce amid profit-taking and economic data.
Over the past 24 hours, silver prices have experienced a modest increase, rising 1% to $69.35 per ounce. This uptick follows a period of profit-taking after recent gains and is influenced by mixed economic indicators, including a slight decline in the U.S. consumer confidence index and a significant drop in new home sales. These factors have contributed to a cautious market sentiment, balancing the recent bullish momentum in silver prices.
Silver retreats below $68 after failing to sustain $70 level amid profit-taking.
Silver prices have declined following a failed attempt to break the $70 barrier, with profit-taking contributing to the pullback. The market is also reacting to recent U.S. Treasury buyback plans and upcoming economic events.
Silver prices test $70 resistance amid U.S. Treasury buyback plans and Indian import rebound.
Over the past 24 hours, silver prices have approached the $70 per ounce mark, driven by the U.S. Treasury's announcement to double long-dated bond buybacks, which has lowered yields and weakened the dollar. Additionally, India's silver imports have rebounded, indicating renewed demand in Asia.
Silver tests $70 resistance amid dollar weakness and geopolitical tensions.
Over the past 24 hours, silver (XAGUSD) has approached the $70 per ounce mark, driven by a significant decline in the US Dollar Index (DXY) below the critical 99 level. This dollar weakness, coupled with geopolitical uncertainties, has bolstered silver's appeal as a safe-haven asset. Market participants are closely monitoring the $70 resistance level to gauge potential breakout momentum.
Silver approaches $70 amid U.S. Treasury buybacks and supply constraints.
Silver prices have surged, nearing the $70 per ounce mark, driven by the U.S. Treasury's decision to double its buybacks of long-dated government bonds, which has led to lower yields and a weaker dollar. Additionally, persistent supply deficits and strong industrial demand, particularly from China, have further bolstered silver's appeal.
Silver (XAGUSD) surges 2.10% to $69.50 amid US Treasury buybacks and dollar weakness.
Silver prices have risen sharply, driven by the US Treasury's announcement to double long-term debt buybacks, leading to lower Treasury yields and a weaker US dollar. This environment has bolstered silver's appeal as an alternative investment. Additionally, strong industrial demand, particularly in solar panel manufacturing, continues to support the metal's upward momentum.
Silver prices surge to $67.08 amid U.S. Treasury's bond repurchase plan.
Silver prices experienced a significant uptick, reaching $67.08 per ounce, following the U.S. Treasury's announcement to double its long-term bond repurchases to at least $4 billion per operation. This move led to a decline in long-term U.S. Treasury yields, which in turn weakened the U.S. dollar, creating a favorable environment for precious metals. Additionally, silver's dual demand—both industrial and monetary—continues to support its bullish momentum.
Silver prices dip to $62.94 amid global market fluctuations on August 19, 2026.
On August 19, 2026, silver prices experienced a slight decline, closing at $62.94 per ounce. This movement was influenced by various global economic factors, including U.S. housing market data and geopolitical tensions in the Middle East. Additionally, the silver market is contending with a narrowing supply-demand deficit, which may impact future price trends.
Silver prices decline 2% to $57.23 amid stronger US dollar and Fed rate hike expectations.
Silver prices fell 2% to $57.23 on July 28, 2026, influenced by a stronger US dollar and growing expectations of a Federal Reserve rate hike. The market is consolidating within a $55–$62 range, awaiting the Fed's policy decision.
Silver (XAG/USD) rises 0.98% to $58.18 amid mixed commodity market performance.
Over the past 24 hours, silver prices have experienced a modest increase, closing at $58.18, up 0.98%. This uptick occurred alongside a broader mixed performance in the commodities market, with silver outperforming other precious metals like gold and platinum. The rise in silver prices is attributed to a combination of factors, including fluctuations in oil prices, movements in U.S. Treasury yields, and ongoing inflation concerns.
Silver consolidates around $60/oz after recent volatility; $68 resistance eyed for Q3 upside.
Silver prices have stabilized near $60 per ounce following a significant correction from January's peak of $121.64. The market is currently navigating between inflation concerns driven by rising oil prices and expectations of higher interest rates. A break above the $68 resistance level is considered crucial for a broader recovery trend in the third quarter.
Silver stalls below $60 as US Treasury yields rise amid Middle East tensions.
Silver prices have been trading just below the $60 mark, with attempts to surpass this level limited by rising US Treasury yields. The recent surge in oil prices, driven by escalating Middle East tensions, has intensified inflation concerns, leading to higher yields and exerting downward pressure on precious metals like silver. Despite these challenges, silver has managed to maintain a positive bias, consolidating gains after a 7.5% rally in the previous four trading days.
Silver price struggles to maintain gains above $60 amid rising oil prices
Over the past 24 hours, silver (XAG/USD) has faced challenges in sustaining its rally above the $60 mark. This resistance is largely due to escalating oil prices and heightened geopolitical tensions in the Middle East, which have intensified inflation concerns and influenced investor sentiment. Additionally, market participants are closely monitoring upcoming economic indicators, such as the European Central Bank's monetary policy announcement, which may further impact silver's price trajectory.
Silver prices edge higher amid geopolitical tensions and industrial demand.
Over the past 24 hours, silver prices have experienced modest gains, trading near $56.80 per ounce. This uptick is influenced by escalating geopolitical tensions, particularly between the U.S. and Iran, which have bolstered safe-haven demand. Additionally, strong industrial demand, especially in sectors like clean energy and electric vehicles, continues to support silver's price.
Silver (XAGUSD) declines to $60.95 as stronger U.S. dollar offsets payroll-driven rally.
Silver prices have retreated to $60.95, erasing gains from a recent payroll-driven rally. The strengthening U.S. dollar has been a significant factor in this decline. Market participants are now awaiting the release of the Federal Open Market Committee (FOMC) minutes for further guidance.
Silver (XAG/USD) drops to $55.77 amid Fed's hawkish stance and oil price surge.
Over the past 24 hours, silver prices have declined sharply, reaching an intraday low of $55.77. This downturn is primarily driven by the Federal Reserve's hawkish signals regarding interest rates and a significant spike in oil prices due to escalating Middle East tensions. These factors have heightened inflation concerns, diminishing the appeal of non-yielding assets like silver.
Silver drops over 7% this week, nearing $55 amid oil-driven inflation fears.
Silver has experienced a significant decline, falling over 7% this week to approach the $55 mark. This downturn is primarily driven by escalating oil prices, which have intensified inflation concerns and bolstered expectations of Federal Reserve interest rate hikes. Additionally, geopolitical tensions in the Middle East have further pressured silver prices.
Silver (XAG/USD) drops below $57 amid rising oil prices and inflation concerns.
Silver prices declined sharply on July 16, 2026, falling below the $57 mark. This downturn was primarily driven by escalating oil prices, which reignited inflation fears and bolstered expectations for prolonged higher interest rates. Additionally, renewed geopolitical tensions between the U.S. and Iran contributed to the bearish sentiment.
Silver (XAG/USD) holds near $58 as softer US inflation supports precious metals.
Silver prices remain steady around $58, bolstered by recent US inflation data that has tempered expectations of imminent Federal Reserve rate hikes. However, the market continues to grapple with a persistent supply deficit and potential inflationary pressures from rising crude oil prices.
Silver price stabilizes near $58.50 amid soft US inflation data and technical patterns
Over the past 24 hours, silver (XAG/USD) has remained relatively stable, trading around $58.50. This stability follows the release of softer-than-expected US inflation data, which has eased immediate concerns about potential Federal Reserve rate hikes. Technically, silver is forming a symmetrical triangle pattern, suggesting a potential breakout in the near future.
Analyze any chart in seconds
This is today's read on Silver. Point your camera at any chart and ChartDetector AI gives you a full technical analysis in seconds — free on iOS.
AI-generated from public news sources. Not financial advice.