Silver (XAGUSD) outlook improves after a weak jobs report slashed rate hike odds. See why FOMC minutes could decide silver's next move.
Silver Price Forecast: XAG/USD holds losses below $62.50 on Fed hike bets
Silver Price Forecast: XAG/USD corrects to near $62, increasing bearish bets on oil prices limit downside
Gold and silver rebound after weak U.S. jobs data lowers Fed rate hike expectations, but upcoming Fed minutes and ISM services PMI may decide the next move.
The silver market continues to watch the crucial $60 level as a massive support level, and the market continues to watch the US dollar. Furthermore, the Friday session was a holiday session, so liquidity could be an issue.
Silver has rallied a touch in the early hours of Friday, as we are heading into a holiday, with the Americans not even working.
Silver climbs above $62 on fading Fed rate hike expectations
Silver price today: Silver rises, according to FXStreet data
Silver Price Forecast: XAG/USD rises above $62.00 within broader bearish setup
Silver (XAGUSD) continues to exhibit an incomplete sequence from the January 29, 2026 high, suggesting that further downside remains possible. In the short term, the cycle from the May 14, 2026 high is unfolding as a double three Elliott Wave structure.
Silver Price Forecast: XAG/USD rises above $62.50 as Fed rate cut bets ease
Silver Price Forecast: Weak NFP pushes XAG/USD to the top of its weekly range