Created
: 2025.04.14
- 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 holds onto gains near $32.30 as US-China trade war intensifies
World FX news
Breaking news
Silver Price Forecast: XAG/USD holds onto gains near $32.30 as US-China trade war intensifies
New
2025.04.14 19:51
2025.04.14 19:51
2025.04.14 19:51
- Silver price trades firmly around $32.30 amid intensifying trade war between the US and China.
- China has increased the import duty on imports from the US to 125%.
- Growing risks of a US recession have strengthened US bond yields.
Siver price (XAG/USD) clings to Friday's gains near $32.30 during European trading hours on Monday. The white metal exhibits strength as the US Dollar (USD) continues to dive amid the intensifying trade war between the United States (US) and China.
The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, slumps to near 99.60.
China has raised import duties on products from the US to 125%, matching the increase in reciprocal tariffs by President Donald Trump as a countermeasure. Such a scenario is unfavorable for the US economy, given that the impact of higher tariffs will be borne by domestic importers. The event is expected to lead to a significant reduction in the purchasing power of households and a slowdown in the workflow of businesses.
The escalating trade war between the world's biggest powerhouses has also diminished demand for US assets. Investors have dumped US Treasury bonds amid firming fears of a US recession. During European trading hours, 10-year US Treasury yields have tumbled over 1% but are still 14% from last week. Theoretically, higher bond yields diminish the demand for non-yielding assets, such as Silver, but heightening global tensions have strengthened the demand for safe-haven assets.
Silver technical analysis
Silver price reclaims the 20-day Exponential Moving Average (EMA) near $32.20 after a rally since a week. The white metal aims to revisit the October 22 high of $34.87.
The 14-day Relative Strength Index (RSI) delivers a V-shape recovery after turning oversold below 30.00. The momentum oscillator is expected to find resistance near 60.00.
Looking down, the April 7 high of $30.81 will be the key support area for the Silver price.
Silver daily chart
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
: 2025.04.14
Related articles
India Gold price today: Gold hits lifetime highs on renewed US Dollar weakness
2 minutes agoGold price buying remains unabated; fresh all-time high and counting amid trade jitters
2025.04.16 13:38Silver Price Forecast: XAG/USD edges higher to near $32.50 due to safe-haven demand
2025.04.16 12:40Breaking: Gold price hits an all-time high near $3,175
2025.04.16 10:16Gold price soars past $3,240 as trade war fears deepen, yields slide
2025.04.16 08:28Gold Price Forecast: XAU/USD holds onto gains above $3,200 on Trump's tariff uncertainty
2025.04.15 23:05
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
India Gold price today: Gold hits lifetime highs on renewed US Dollar weakness
Fears of the US-China trade war escalation and its impact on the US economy remain unabated, driving a fresh leg down in the US Dollar.
New
2025.04.16 15:32EUR/GBP holds positive ground above 0.8550 after UK CPI inflation data
The EUR/GBP cross gains momentum to near 0.8565 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report.
New
2025.04.16 15:11FX option expiries for Apr 16 NY cut
FX option expiries for Apr 16 NY cut at 10:00 Eastern Time via DTCC can be found below.
New
2025.04.16 14:25USD/CHF drops to mid-0.8100s, back closer to multi-year low on weaker USD
The USD/CHF pair attracts fresh sellers during the Asian session on Wednesday and erodes a major part of the previous day's modest recovery gains.
New
2025.04.16 14:23USD/CAD Price Forecast: Breaks below 1.3950 as bearish bias prevails
The USD/CAD pair slips slightly after posting gains in the previous session, trading near 1.3940 during Wednesday's Asian session. Technical analysis on the daily chart indicates a prevailing bearish trend as the pair continues to move lower within a descending channel.
New
2025.04.16 14:06Gold price buying remains unabated; fresh all-time high and counting amid trade jitters
Gold price (XAU/USD) scales higher for the second straight day on Wednesday - also marking the fifth day of a positive move in the previous six - and touches a fresh record high, around the $3,283-3,284 area during the Asian session.
New
2025.04.16 13:38EUR/USD rises to near 1.1350 ahead of Eurozone HICP inflation data
EUR/USD is trading around 1.1340 during the Asian hours on Wednesday, rebounding after two consecutive sessions of losses.
New
2025.04.16 13:35Silver Price Forecast: XAG/USD edges higher to near $32.50 due to safe-haven demand
Silver price (XAG/USD) is inching higher after recent losses, trading around $32.30 per troy ounce during Wednesday's Asian session. The uptick comes as lingering uncertainty over US trade policy continues to fuel safe-haven demand for the precious metal.
New
2025.04.16 12:40USD/INR weakens ahead of US Retail Sales release, Fed's Powell speech
The Indian Rupee (INR) trades in positive territory for the fifth consecutive day on Wednesday. The weakening of the US Dollar (USD) and the extended decline in crude oil prices eased the Indian currency's losses.
New
2025.04.16 12:29GBP/USD extends rally to fresh six-month highs near 1.3250 ahead of UK CPI data
The GBP/USD pair continues its winning streak that began on April 8, trading around 1.3250 during Wednesday's Asian session. Earlier in the day, it touched a fresh six-month high at 1.3256.
New
2025.04.16 11:53Disclaimer:
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
