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Silver Price Forecast: XAG Massive $84 Rebound: Is a Triple-Digit Breakout Next as the Supply Deficit Hits Year Six?
The silver market is finding balance after one of the most volatile starts in commodity history. Silver hit a record high of $121 in January 2026, then dropped 40% in February, but has since stabilized. On Friday, silver closed between $83.50 and $84.30, up 2.6% in recent sessions. This rebound is driven by rising tensions in the Middle East and a growing supply deficit that is drawing global attention. Recent trading shows that $80 is now a key support level for buyers. Although a stronger U.S. Dollar near 99.10 has limited gains, demand for safe-haven assets is strong as the U.S.-Israeli campaign against Iran ... (full story)
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Gold’s advance stalled after a brief geopolitical spike pushed prices into resistance, with the market reversing sharply earlier in the week before stabilizing into the close. Although XAU/USD has managed to recover part of the initial drop, the failure to secure a sustained break above resistance leaves the broader rally at an inflection point. With ...
From exchangerates.org.uk | Mar 7, 2026
Silver prices steadied into the end of the week, with the metal recovering modestly after the sharp swings seen earlier in March. Live XAG/USD quotes were around $84.19 per ounce, leaving the silver price about 1.7% higher on the day. Daily data show silver closing Friday near $84.40, rebounding from Thursday’s $82.83 close but still well below the $95.85 ...
The silver market had a very tough week as the US dollar strengthened during most of it, but we also have to keep in mind that recently silver had seen its implosion wipe out a ton of retail accounts. That being said, this is a market that I think you need to pay close attention to as the $80 level is a significant support level and is in the middle of the ...
