-
Silver price outlook: Why XAG/USD is holding near $80
Silver prices are extending their gains, with XAG/USD trading close to $80.80 per ounce, as markets digest a rare combination of reflationary optimism and lingering geopolitical risk. The move comes as the US dollar slips to its weakest level since early February, easing pressure on dollar-priced metals and drawing renewed inflows into precious assets. What makes this rally stand out is its timing. Investors are navigating Japan’s renewed push for fiscal expansion, fresh signals from US Federal Reserve officials, and cautious optimism around Middle East diplomacy. Together, these forces are reshaping how traders ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From msn.com | Feb 8, 2026
Both gold and silver prices saw a sharp rebound on Monday, February 9, after witnessing an exceptionally volatile week. Spot gold prices advanced nearly 1.18% to $5,040 an ounce, while spot silver prices surged as much as 3.39% to $79.89 during the Asian trading hours on Monday. However, gold prices are still 11.27% below the record high of $5,608.35, and ...
Gold is trading more than 15% off the monthly low following last month’s 21% decline with XAU/USD approaching resistance early in the week at the 61.8% retracement near 5141. Looking for a reaction off this mark IF reached. Monthly open support rests at 4894 and is backed by the 61.8% retracement of the February range at 4667. Key support / bullish ...
Treasury Secretary Scott Bessent cited Chinese traders as a reason behind last week’s wild swings in the gold market. “The gold move thing — things have gotten a little unruly in China,” Bessent said on Fox News. “They’re having to tighten margin requirements. So gold looks to me kind of like a classical, speculative blowoff.” Bessent was responding to a ...
