Select Language

Silver Price Forecast: XAG/USD edges lower to near $32.50 as US Dollar stages a recovery

blockHeadVisual
  1. HOME
  2. Get information
  3. World FX news
  4. Silver Price Forecast: XAG/USD edges lower to near $32.50 as US Dollar stages a recovery

World FX news

search
Breaking news

Silver Price Forecast: XAG/USD edges lower to near $32.50 as US Dollar stages a recovery

  • X
  • facebook
  • LINE
  • RSS
  • X
  • facebook
  • LINE
  • RSS
New update 2025.04.22 11:40
Silver Price Forecast: XAG/USD edges lower to near $32.50 as US Dollar stages a recovery

update 2025.04.22 11:40

  • Silver prices face downward pressure as the US Dollar strengthens, buoyed by a rebound in the 2-year US Treasury yield.
  • Silver may find support from persistent safe-haven demand driven by growing economic uncertainty.
  • White House economic advisor Kevin Hassett confirmed that President Trump is exploring legal options to remove Fed Chair Jerome Powell.

Silver price (XAG/USD) dips slightly during Tuesday's Asian session, trading around $32.60 per troy ounce, after posting gains in the previous session. The grey metal is under pressure as the US Dollar (USD) regains strength. The US Dollar Index (DXY), which measures the Greenback against six major currencies, hovers near 98.30, supported by a rebound in the 2-year US Treasury yield, now at 3.77%.

However, Silver could regain momentum as safe-haven demand persists amid ongoing economic uncertainty. The DXY recently fell to a three-year low after US President Donald Trump intensified pressure on the Federal Reserve (Fed), urging aggressive rate cuts and reportedly exploring the dismissal of Fed Chair Jerome Powell.

White House economic advisor Kevin Hassett confirmed that Trump is looking into the legal grounds for removing Powell. In a Truth Social post, Trump also warned that the economy could falter unless the Fed acts quickly to lower rates.

This rising political has boosted demand for safe-haven assets like Silver. Investor sentiment is also shaken by the continued stalemate in global trade talks, with China pushing back against Trump's tariff tactics. Additionally, Trump's proposed probe into critical mineral imports has stoked fears of slower growth and higher inflation--factors that may continue to support Silver prices.

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.

Date

Created

 : 2025.04.22

Update

Last updated

 : 2025.04.22

Related articles

Show more

Writer

FXStreet

Financial media

arrow
FXStreet

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?
No loading Yes loading

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.

Previous article

prev

Japanese Yen bulls have the upper hand amid US tariff woes, BoJ rate hike bets

Next article

WTI trades with positive bias, remains below $63.00 as bulls seem cautious amid tariff jitters

prev

Most viewed

ECB survey: Inflation seen a tad higher at 2.2% in 2025

The European Central Bank's (ECB) Survey of Professional Forecasters showed on Tuesday that inflation in the Eurozone is seen a tad higher at 2.2% this year, compared to the 2.1% forecast seen three months ago.
New
update2025.04.22 17:11

Forex Today: There is no stopping of Gold as Fed independence comes into question

Here is what you need to know on Tuesday, April 22:
New
update2025.04.22 17:04

EUR/INR: Indian Rupee cross rates mixed at the start of the European session

Indian Rupee (INR) crosses trade with a negative bias at the start of Tuesday, according to FXStreet data. The Euro (EUR) to the Indian Rupee changes hands at 97.74, with the EUR/INR pair declining from its previous close at 98.10.
New
update2025.04.22 16:57

AUD/JPY falls to near 90.00 as safe-haven demand boosts Japanese Yen

AUD/JPY continues to decline for a third consecutive session, hovering near 90.10 during European trading hours on Tuesday. Persistent trade-related uncertainties and geopolitical tensions are bolstering demand for safe-haven assets like the Japanese Yen (JPY), pressuring the cross lower.
New
update2025.04.22 16:51

Pound Sterling gains against US Dollar as Trump blames Fed for potential economic slowdown

The Pound Sterling (GBP) shows strength near its three-year high around 1.3425 against the US Dollar (USD) in Tuesday's European session.
New
update2025.04.22 16:48

NZD/USD maintains position above 0.6000 near five-month highs due to US uncertainty

NZD/USD extends its winning streak from April 9, trading near the 0.6000 level during early European hours on Tuesday. The pair continues to gain as the US Dollar (USD) weakens under the weight of growing economic and political uncertainty in the United States.
New
update2025.04.22 16:23

India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
New
update2025.04.22 16:19

Palladium price today: Rare metals advance at the start of the European session

Platinum Group Metals (PGMs) trade with a positive tone at the beginning of Tuesday, according to FXStreet data. Palladium (XPD) changes hands at $947.04 a troy ounce, with the XPD/USD pair advancing from its previous close at $932.87.
New
update2025.04.22 16:16

US Dollar Index Price Forecast: Remains under pressure near 98.00, oversold RSI condition eyed

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, extends its downside to near 98.15, the lowest since March 2022. The USD weakens across the board as fears over the independence of the Federal Reserve (Fed) intensified. 
New
update2025.04.22 15:57

EUR/GBP moves below 0.8600, retreats due to optimism surrounding US-UK trade negotiations

EUR/GBP loses ground after two days of gains, trading around 0.8600 during the Asian hours on Tuesday. The Pound Sterling (GBP) is gaining traction, supported by optimism surrounding ongoing US-UK trade negotiations.
New
update2025.04.22 15:51

Disclaimer:arw

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.

arw
  • Facebook
  • Twitter
  • LINE

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

I agree
share
Share
Line

Line
Facebook

Facebook
X

Twitter
Cancel