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Silver Price Forecast: AI Demand and Fed Outlook Keep XAG/USD Above Key $58 Support
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 ... (full story)
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Explosions heard in Jask, southern Iran - State TV
BREAKING: Pakistan and Iran explore a path towards new talks with the US in a China- initiated push - Sources. Pakistan is considering resuming stalled US-Iran talks to end their nearly five-month-old war, according to three Pakistani sources, following a push by China. Exploratory discussions took place during Iran's Interior Minister Eskandar Momeni's visit to Islamabad this week, his second in the last ten days, according to sources.
President Xi, at our recent meeting in Beijing, China, told me that he would not, under any circumstances, give or sell Weapons to the Islamic Republic of Iran — And that statement included Chinese Companies. Considering our relationship, I take him at his word and, besides, l am doing him very big favors, also. Likewise, President Putin, despite the horrible War going on in Ukraine (The relationship remains, as it does with President Zelenskyy), told me that he would not sell Weapons to Iran. He understands that I do not sell Weapons to Ukraine, but to NATO Countries. They pay full price, and how those Weapons are distributed, I have no idea. Therefore, two major Countries that people speak of often in terms of Iran are, in my opinion, not participating. If they did, it would be very bad for them — Certainly not in their best interests. Thank you for your attention to this matter! President DONALD J. TRUMP
