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Silver Price Forecast: XAG downtrend accelerates, eyes on $55.00
Silver price remains below $60.00 as the week begins, diving nearly 4% on Monday amid tensions in the Middle East. Hawkish remarks by Federal Reserve (Fed) Governor Christopher Waller underpin the Greenback, which, according to the US Dollar Index (DXY), is up by over 0.28%. The XAG/USD trades at $57.50. XAG/USD price forecast: Technical outlook The downtrend in Silver seems poised to continue as the market structure of successive lower highs and lower lows is respected. Also, the XAG/USD is about to breach the July 8 daily low of $57.22, which if achieved would open the path to test the November 13, 2025 high, which ... (full story)
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Gold prices have rebounded from June's sharp correction, but RBC Capital Markets believes investors should be prepared for further volatility before the precious metal resumes its longer-term advance. Gold (XAU/USD) traded around $4,165 after recovering more than 3% in July, following an almost 12% decline in June that briefly pushed prices below $4,000. ...
From msn.com | 6 hr ago
Gold and silver prices both dipped on Monday afternoon, the same day that the wider markets also fell. Front month Comex gold for July delivery dropped 2.6% to $3,997 on Monday, dropping for the second straight trading day and posting the largest one-day dollar and percentage decline since June 24, according to Dow Jones Market Data. Monday’s settle value ...
