CCY:XAGUSD

Xag/usd Currency Pair News

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$67.58
-6.16 (-8.36%)
At Close: Jun 05, 2026
The US Dollar remains strong, and rising US bond yields are limiting any chance of recovery for now. The Dollar's strength is driven by hawkish comments from Fed Chair Jerome Powell, along with strong
Gold breaks below triangle support and appears set to decline further, while silver is correcting from the $39.50 resistance and seeking support for the next rally.
Silver and platinum markets remain under strong pressure.
And the profits that it might bring.
The Federal Reserve, being less dovish than anticipated during the previous session, continues to weigh upon the idea of a weakening silver market, as the US dollar continues to see strength at this p
Silver slips to 50-day average as trade fears dampen demand outlook. Resistance at $38.51 caps any rebound.
Gold and silver drop as the Fed holds rates steady. FOMC signals dampen easing hopes, pressuring XAU/USD and XAG/USD amid strong U.S. jobs data.
Platinum is down by 3.4% amid strong pullback in precious metals markets.

Silver, Gold, USD: One Foot Over the Verge

12:34pm, Wednesday, 30'th Jul 2025
The markets are no longer on the verge – they're making the key step as I'm writing this.
The silver market continues to see a lot of sideways action, as we are working off the froth from the recent move. At this point, the market looks very “buy on the dip” in general.
Silver drops below $38.51 as Fed uncertainty and weak China industrial demand pressure prices. Traders eye $37.50 support for next move, followed by 50-day moving average at $36.40.
Gold and silver trade sideways as traders await Fed guidance. Key resistance levels at $3,352 and $38.30 could define the next move post-FOMC.
Gold breaks below triangle support and may correct further within the consolidation zone, while silver remains bullish and looks to find support for the next rally.
Silver price post back-to-back doji candles, near the $38.00 figure, as the grey metal market consolidates ahead of the Federal Reserve monetary policy decision.
Gold markets are moving higher despite stronger dollar.
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