Silver Price Forecast: AI Demand and Fed Outlook Keep XAG/USD Above Key $58 Support
From fxleaders.com
Traders were closing out the week on Friday morning with silver (XAG/USD) changing hands around $58.20 an ounce. Even though we’ve seen some selling by investors, the white metal has remained one of the strongest performing commodities in 2026. Two narratives appear to be driving silver prices: A higher US yield curve and strong greenback, which are acting as headwinds for the bullion, alongside robust fundamental support for the metal’s use in artificial intelligence, clean energy and electrification sectors. The fact that over 55% of silver’s use is from industrial demand sources means that investors have more ...
(full story)