Created
: 2025.03.27
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Silver Price Forecast: XAG/USD maintains position above $33.50 due to safe-haven demand
World FX news
Breaking news
Silver Price Forecast: XAG/USD maintains position above $33.50 due to safe-haven demand
New
2025.03.27 12:21
2025.03.27 12:21
2025.03.27 12:21
- Silver price appreciate amid safe-haven appeal following the US auto tariff announcement.
- The non-yielding Silver could have attracted buyers amid a weaker US Dollar and Treasury yields.
- Traders await Friday's Personal Consumption Expenditures (PCE) report--the Fed's preferred inflation gauge.
Silver (XAG/USD) recovers recent losses from the previous session, trading around $33.70 per troy ounce during Asian hours on Thursday. The metal gains traction as investors seek safe-haven assets following the US auto tariff announcement, which has fueled concerns over potential retaliatory measures next week.
Risk-off sentiment intensified after US President Donald Trump signed an order late Wednesday imposing a 25% tariff on auto imports, effective April 2, with collections starting the next day. However, auto parts imports will receive a one-month reprieve.
Additionally, Silver, a non-yielding asset, could have attracted buyers as US Treasury yields decline, with the 2-year and 10-year yields hovering at 4.0% and 4.34%, respectively. Moreover, a weaker US Dollar (USD) also makes Silver more affordable for foreign buyers, further supporting the demand for the grey metal.
Meanwhile, the Federal Reserve (Fed) reaffirmed its December projection for two rate cuts this year but adopted a cautious stance. Minneapolis Fed President Neel Kashkari stressed the ongoing inflation battle, stating, "The job market has stayed strong, but the biggest challenge is to finish the job," echoing Chair Powell's view that rate cuts are not imminent. Kashkari also highlighted policy uncertainty as a complicating factor for the Fed.
Traders are closely monitoring upcoming US economic data, including weekly Initial Jobless Claims and the final Q4 Gross Domestic Product (GDP) Annualized report due Thursday. Additionally, Friday's release of the Personal Consumption Expenditures (PCE) report--the Fed's preferred inflation gauge--will provide further policy insights.
Silver FAQs
Silver is a precious metal highly traded among investors. It has been historically used as a store of value and a medium of exchange. Although less popular than Gold, traders may turn to Silver to diversify their investment portfolio, for its intrinsic value or as a potential hedge during high-inflation periods. Investors can buy physical Silver, in coins or in bars, or trade it through vehicles such as Exchange Traded Funds, which track its price on international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can make Silver price escalate due to its safe-haven status, although to a lesser extent than Gold's. As a yieldless asset, Silver tends to rise with lower interest rates. Its moves also depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAG/USD). A strong Dollar tends to keep the price of Silver at bay, whereas a weaker Dollar is likely to propel prices up. Other factors such as investment demand, mining supply - Silver is much more abundant than Gold - and recycling rates can also affect prices.
Silver is widely used in industry, particularly in sectors such as electronics or solar energy, as it has one of the highest electric conductivity of all metals - more than Copper and Gold. A surge in demand can increase prices, while a decline tends to lower them. Dynamics in the US, Chinese and Indian economies can also contribute to price swings: for the US and particularly China, their big industrial sectors use Silver in various processes; in India, consumers' demand for the precious metal for jewellery also plays a key role in setting prices.
Silver prices tend to follow Gold's moves. When Gold prices rise, Silver typically follows suit, as their status as safe-haven assets is similar. The Gold/Silver ratio, which shows the number of ounces of Silver needed to equal the value of one ounce of Gold, may help to determine the relative valuation between both metals. Some investors may consider a high ratio as an indicator that Silver is undervalued, or Gold is overvalued. On the contrary, a low ratio might suggest that Gold is undervalued relative to Silver.
Last updated
: 2025.03.27
Related articles
Gold price remains close to record high amid concerns over Trump's reciprocal tariffs
25 minutes agoSilver Price Forecast: XAG/USD slips below $34 as bearish wedge forms
2025.04.02 07:26Gold slips from highs ahead of Trump's Liberation Day
2025.04.02 05:27Copper price is up compared to the beginning of the year - Commerzbank
2025.04.01 22:46Silver Price Forecast: XAG/USD faces pressure around $34, Trump tariffs remain key
2025.04.01 22:31Stagflation worries push Gold higher - Commerzbank
2025.04.01 22:27
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
GBP/USD flat lines above 1.2900 mark as traders await Trump's tariffs announcement
The GBP/USD pair struggles to capitalize on the overnight bounce from the vicinity of the 1.2870 support zone, or a multi-week low touched last Thursday, and oscillates in a narrow band during the Asian session on Wednesday.
New
2025.04.02 13:52Gold price remains close to record high amid concerns over Trump's reciprocal tariffs
Gold price (XAU/USD) attracts some dip-buyers during the Asian session on Wednesday and stalls the previous day's modest retracement slide from a fresh record high.
New
2025.04.02 13:28NZD/USD advances to fresh weekly top, around 0.5720-0.5725 region
The NZD/USD pair gains strong follow-through positive traction for the second straight day and climbs to a fresh weekly high, around the 0.5720-0.5725 region during the Asian session on Wednesday.
New
2025.04.02 11:53USD/INR strengthens as Trump's "Liberation Day" looms
The Indian Rupee (INR) softens on Wednesday. The local currency retreats after logging its best monthly rise in over six years, driven by a weaker Greenback and renewed foreign inflows into equities.
New
2025.04.02 11:44Japanese Yen trades with negative bias against USD ahead of Trump's reciprocal tariffs
The Japanese Yen (JPY) struggles to capitalize on the previous day's modest gains against its American counterpart and attracts fresh sellers during the Asian session on Wednesday.
New
2025.04.02 11:24Canada to avoid counter tariffs that risk jobs, price hikes - The Globe and Mail
Citing two federal trade advisers, The Globe and Mail reported early Wednesday that "Ottawa won't impose levies on most US food and components that could hike the cost to families or cause mass layoffs or plant closings."
New
2025.04.02 11:18BoJ's Ueda: US tariffs likely to push up US inflation
Bank of Japan Governor Kazuo Ueda said early Wednesday that US tariffs are likely to push up US inflation in the near term but could weigh on US prices longer-term by slowing down US economic growth.
New
2025.04.02 10:35AUD/USD holds steady below 0.6300 as Trump prepares to unveil reciprocal tariffs
The AUD/USD pair trades on a flat note near 0.6275 during the early Asian session on Wednesday.
New
2025.04.02 10:18PBOC sets USD/CNY reference rate at 7.1793 vs. 7.1775 previous
On Wednesday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1793 as compared to the previous day's fix of 7.1775 and 7.2663 Reuters estimate.
New
2025.04.02 10:15WTI remains capped below $71.00 as Trump's tariffs loom
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $70.95 during the early Asian session on Tuesday.
New
2025.04.02 09:28Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
