CCY:XAGUSD

Xag/usd Currency Pair News

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$73.75
+0.755 (+1.03%)
At Close: Jun 04, 2026
Silver breaks above $60 for the first time; technicals point to further upside
The major European stock indices closed the session mixed, with performance varying across the region. Germany's DEU40 led to the upside, gaining 0.49% at 24,162.66, while France's CAC40 lagged, falli
Silver markets test historic highs as rally continues.
Metals have completed yet another round of high-pace rally to new highs since the US government reopened and NY Fed's Williams delivered his extra-dovish comments.
Markets are quiet on the surface… but technically, things are far from boring.
Silver trades in a choppy but constructive pattern as prices test the $60 level. Pullbacks remain favored buying opportunities ahead of the Federal Reserve decision, with support zones eyed near $57.5
Silver price advances slightly as markets anticipate Fed rate cut
Silver steadies as traders await the Fed. ETF inflows, tight supply, and a softer dollar support the silver outlook while markets watch Powell's next signal.
Silver's advance paused below the key projection near 60 psychological level, yet the pullback since has been modest, signaling no damage to the broader uptrend. The metal's consolidation appears tied
Silver price today: Silver rises, according to FXStreet data
Gold and silver hold firm as traders await the Fed's dot plot and policy signals, with geopolitical risks and safe-haven demand shaping the short-term outlook.
Silver Price Forecast: XAG/USD consolidates around $58 as Fed's policy comes into spotlight
Silver has entered a low-volatility six-day sideways range between $56.19 and $59.34 after November 28's explosive ascending triangle breakout, quietly building energy near prior highs.
The white metal moved a bit lower, but overall, it continues to trade close to this month's high, and the consolidation just below $60 simply continues.
Gold traders are cautious ahead of Fed decision, which will be released on Wednesday.
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