Created
: 2025.06.27
- 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 steadies near $36.60 up over 1.80% weekly
World FX news
Breaking news
Silver Price Forecast: XAG/USD steadies near $36.60 up over 1.80% weekly
New
2025.06.27 07:55
2025.06.27 07:55
2025.06.27 07:55
- Silver trades flat in early Asia after hitting $36.83 weekly high; poised for 1.80% weekly gain.
- Bullish trend intact with higher highs and lows; RSI shows buyers consolidating.
- Key resistance lies at $37.00 and $37.31 YTD high; support seen at $36.00 and $35.29.
Silver price turns flat as Friday's Asian session begins, trades near $36.60, virtually unchanged, compared to Thursday's June 26 daily close. The XAG/USD appears poised to close the week with gains of over 1.80%.
XAG/USD Price Forecast: Technical outlook
Silver remains upward biased as Friday's Asian session begins, posting back-to-back bullish days, which pushed the grey metal towards a weekly high of $36.83. XAG/USD has achieved a successive series of higher highs and higher lows, hinting that the grey metal is headed upwards.
The Relative Strength Index (RSI) turned flatlines after edging higher for three consecutive days, in bullish territory. This indicates that buyers are taking a respite ahead of testing higher prices.
If XAG/USD climbs past $37.00, look for the next resistance at the yearly peak of $37.31. A breach of the latter will expose the $38.00 figure. Conversely, if Silver slides below $36.50, expect a test of $36.00. Further downside lies in the June 24 daily low of $35.68, followed by the latest cycle low of $35.29.
XAG/USD Price Chart - Daily
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
: 2025.06.27
Related articles
Copper production in China jumps to new record high in June - Commerzbank
2025.07.18 22:48Asia's physical Gold demand likely weak in June, demand strong in Europe - Commerzbank
2025.07.18 22:44Gold recovers as focus shifts to US consumer sentiment data
2025.07.18 21:44The Gold price has run out of steam - Commerzbank
2025.07.18 21:17Silver Price Forecast: XAG/USD rallies to $38.40 favoured by a softer US Dollar
2025.07.18 18:55Silver price today: Silver rises, according to FXStreet data
2025.07.18 18:31
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
USD/CAD pressured as Fed Waller's dovish stance impacts US Dollar
The Canadian Dollar (CAD) is trading higher against the US Dollar (USD) on Friday as markets focus on dovish comments from Fed Governor Waller.
New
2025.07.19 00:26GBP/USD edges higher as UK jobs data eases BoE pressure, Fed doves resurface
The GBP/USD rises on Friday during the North American session, up by 0.21% amid a scarce economic docket in both sides of the Atlantic. Soft data announced in the United States (US) slightly boosted the Greenback, though the pair trades at 1.3442 after hitting a daily low of 1.3406.
New
2025.07.19 00:26EUR/USD recovers from one-month low amid softer USD and Fed divergence
The Euro (EUR) gains positive traction against the US dollar (USD) on Friday, supported by a softer Greenback amid easing US Treasury yields and cautious market sentiment.
New
2025.07.18 23:34US UoM Consumer Sentiment Index improves to 61.8 in July vs. 61.5 expected
Consumer confidence in the United States (US) improved in July, with the University of Michigan's (UoM) preliminary Consumer Sentiment Index rising to 61.8 from 60.7 in June. This reading came in better than the market expectation of 61.5.
New
2025.07.18 23:06EUR/GBP holds above key support as UK economic concerns pressure Sterling
The Euro (EUR) is edging higher against thePound Sterling (GBP) on Friday as rising expectations that the Bank of England (BoE) may cut interest rates and fiscal concerns place pressure on Sterling.
New
2025.07.18 22:52Copper production in China jumps to new record high in June - Commerzbank
Copper prices on the LME have settled at a lower level of just over $9,600 per ton, Commerzbank's commodity analyst Barbara Lambrecht notes.
New
2025.07.18 22:48Asia's physical Gold demand likely weak in June, demand strong in Europe - Commerzbank
High prices are leaving their mark, Commerzbank's commodity analyst Barbara Lambrecht notes.
New
2025.07.18 22:44WTI rises on Middle East tensions and softer US Dollar
West Texas Intermediate (WTI), the US Crude Oil benchmark, extends gains for the second straight day on Friday, with spot prices hovering around $66.90 during the American trading hours, up nearly 1% on the day.
New
2025.07.18 22:04Gold recovers as focus shifts to US consumer sentiment data
Gold (XAU/USD) is trading higher on Friday as investors remain focused on Fed expectations and look ahead to key US economic data. At the time of writing, XAU/USD recovers above $3,350, pushing the price closer toward the upper boundary of a symmetrical triangle pattern.
New
2025.07.18 21:44US Housing Starts rise 4.6% in June, Building Permits up 0.2%
Housing Starts in the United States (US) rose by 4.6% in June to a seasonally adjusted annual rate of 1,321,000, the US Census Bureau reported on Friday. This reading followed the 9.7% decline reported in May.
New
2025.07.18 21:41Disclaimer:
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
