Created
: 2025.10.23
- 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 moves above $48.50 due to increased safe-haven demand
World FX news
Breaking news
Silver Price Forecast: XAG/USD moves above $48.50 due to increased safe-haven demand
New
2025.10.23 12:43
2025.10.23 12:43
2025.10.23 12:43
- Silver price gains as traders adopt caution ahead of the US inflation data due on Friday.
- The non-yielding Silver receives support as the Fed is widely expected to cut rates by 25 basis points in October.
- Silver declined as market sentiment improved over a potential US-China trade deal.
Silver price (XAG/USD) edges higher after two days of losses, trading around $48.70 per troy ounce during the Asian hours on Thursday. Silver prices may further appreciate due to increased safe-haven demand, driven by market caution ahead of the United States (US) inflation data for September due on Friday amid a data blackout. The prolonged US government shutdown delays the key US economic data releases, including Nonfarm Payrolls (NFP), adding uncertainty for financial markets and the Federal Reserve (Fed).
The non-interest-bearing Silver may attract more buyers amid an increased likelihood of further Federal Reserve (Fed) rate cuts. A Reuters poll suggested that 115 out of 117 economists have predicted that the Fed will reduce interest rates by 25 basis points (bps) to 3.75%-4.00% in the monetary policy announcement on October 29. For the year, 83 of 117 economists expect the US Federal Reserve to cut interest rates twice, while 32 anticipate one cut.
Silver prices retreated after reaching an all-time high of $54.86, reached on October 16, as markets weighed overbought concerns. Additionally, the optimism over a potential US-China trade deal improved market sentiment, which weakened the demand for precious metals, including Silver.
US President Donald Trump said late Wednesday that he expects to strike several agreements with Chinese President Xi Jinping during their meeting in South Korea next week. The Trump-Xi discussions are expected to cover a wide range of issues, including US soybean exports, limiting nuclear weapons, and China's purchases of Russian Oil.
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
: 2025.10.23
Related articles
Silver declines as US shutdown resolution eases safe-haven demand
2025.11.14 00:18Gold climbs toward $4,250 as shutdown ends, Fed signals temper easing bets
2025.11.13 21:24Gold Price Forecast: XAU/USD rallies above $4,200 on US Dollar weakness
2025.11.13 21:00Aluminium continues to rally on supply concerns - ING
2025.11.13 17:53Silver Price Forecast: XAG/USD remains near 54.00 due to improved market sentiment
2025.11.13 16:12Gold hits three-week top as dovish Fed bets offset US government reopening optimism
2025.11.13 13:26
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
AUD/USD Price Forecast: Stalls below 50-day SMA as buyers struggle to extend gains
The Australian Dollar (AUD) eases slightly against the US Dollar (USD) on Thursday, reversing most of the early advance after briefly climbing to a two-week high on the back of stronger-than-expected employment data.
New
2025.11.14 01:20Fed's Kashkari: Inflation still too high, at 3%
Federal Reserve Bank of Minneapolis President Neel Kashkari gave a speech at the Opportunity & Inclusive Growth Institute's Research Conference hosted by the Federal Reserve (Fed) Bank of Minneapolis on Thursday, in which he talked about the labor market and inflation.
New
2025.11.14 00:53GBP/USD rises towards 1.3200 as US reopening weigh on USD, BoE cut bets mount
The Pound Sterling advances on broad US Dollar weakness amid the US government's reopening, which would unveil a tranche of economic data for traders and the Federal Reserve. The GBP/USD trades at a two-day high of 1.3194, up 0.46%.
New
2025.11.14 00:43Silver declines as US shutdown resolution eases safe-haven demand
Silver (XAG/USD) declines on Thursday, ending a four-day winning streak. The grey metal trades around $53.00 at the time of writing, down 0.35% on the day, after marking an intraday high at $54.39, just shy of the all-time high at $54.86.
New
2025.11.14 00:18Euro loses traction against Pound after weak Eurozone Industrial Production
The Euro (EUR) is easing slightly against the British Pound (GBP) on Thursday after earlier climbing to a fresh year-to-date high of 0.8843. At the time of writing, EUR/GBP is trading around 0.8826, snapping a two-day winning streak as traders reacted to disappointing Eurozone data.
New
2025.11.13 23:57JPY is flat against USD - Scotiabank
The Japanese Yen (JPY) is trading flat against the US Dollar (USD) and underperforming all of the G10 currencies in an environment of sentiment-driven USD weakness, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:16GBP buoyed by broader developments - Scotiabank
The Pound Sterling (GBP) is up 0.2% against the US Dollar (USD), a mid-performer among the G10 in an environment of broad-based USD weakness driven by sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:14EUR delivers clear break of 1.16 - Scotiabank
The Euro (EUR) is entering Thursday's NA session with a modest 0.2% gain against the US Dollar (USD) and a clear break above 1.16, hitting fresh November highs with a push back toward the middle of its range from late June, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:13CAD edges fractionally higher - Scotiabank
The Canadian Dollar (CAD) continues to lean quite hard on the 1.40 zone but, even with the USD slipping broadly on the day, cannot secure a clear push under the figure zone, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:07USD slips as government reopens - Scotiabank
The US Dollar (USD) is broadly weaker in response the end of the US government shutdown, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
2025.11.13 23:05Disclaimer:
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
