Silver Price Forecast: XAG Massive $84 Rebound: Is a Triple-Digit Breakout Next as the Supply Deficit Hits Year Six? | Metals Mine

  • Silver Price Forecast: XAG Massive $84 Rebound: Is a Triple-Digit Breakout Next as the Supply Deficit Hits Year Six?

    From fxleaders.com

    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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