CCY:XAGUSD

Xag/usd Currency Pair News

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$72.99
-1.80 (-2.40%)
At Close: Jun 03, 2026
The disappointing U.S. Manufacturing PMI report provided support to gold markets.
The silver market has seen buyers coming into the market on dips over the last few sessions, just above a major support level – the $28.50 region which I have been talking about for weeks now.
Silver prices rise amid anticipation of key U.S. economic data, with XAG/USD holding above $28.57. Crucial Fed rate decisions loom.
Silver's price stages a recovery after diving to four-week lows of $28.67. It climbs back above $29.00, registering gains of more than 0.40%, and trades at $29.22.
Gold markets are trying to rebound after the recent pullback.
Silver has recently come under even more pressure than Gold, Commerzbank's commodity strategist Carsten Fritsch notes.
Silver price (XAG/USD) discovers interim support near $28.70 in Tuesday's American session after four-day losing spree. The white metal finds temporary support as US bond yields decline amid firm spec
The silver market continues to see a lot of support near the $28.50 level, with its “market memory” coming into the picture. This is a market that will remain noisy, but I think there are still pl
Silver dips despite a weak dollar as traders await key US data on Q2 GDP and PCE. Will upcoming Fed decisions reverse this bearish trend?

Silver hangs on at the June lows for now

07:19am, Tuesday, 23'rd Jul 2024
Despite the sharp fall since last week, silver is still hanging in there in July trading. On the month itself, the precious metal is now down by 0.3% after erasing its monthly gains in the last five t
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data. Silver trades at $28.99 per troy ounce, down 0.47% from the $29.13 it cost on Monday.
As China's GDP disappoints, silver prices fall below $29, prompting investors to consider selling amid growing market concerns.
Silver Price Forecast: XAG/USD extends decline near $29.00 amid China's demand concerns
Silver price extended its losses yet bounced off daily lows beneath $29.00 and trade with minimal gains of 0.05% as Tuesday's Asian session begins. At the time of writing, the grey metal trades at $29
After hitting a low of 28.75, silver bounced, testing a key support zone. If the bounce holds, it may signal a bullish reversal.
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