Silver Price Forecast: XAG/USD wobbles near $79, investors await US-Iran second round talks
Indian banks have halted gold and silver import orders from overseas suppliers, with tons of the metals stuck at customs as a formal government order has not been issued authorising bullion imports, trade sources said.
Gold and silver remain range bound as a stronger US Dollar and uncertain geopolitics limit upside, while the broader bullish structure stays intact, with the next move dependent on a clear breakout and a shift in market sentiment.
With risk assets looking fatigued after a breakneck rally over the past few weeks, and with reversal signals starting to trigger across FX and US rates markets in the wake of stubbornly high energy prices, precious metals appear vulnerable to a deeper unwind, threatening to break the uptrends that have been in place for weeks.
Silver Price Forecast: XAG/USD consolidates below $79.00, around 50% Fibo. level
Silver Price Analysis: Doji caps rally at $81, risks tilt lower
Silver edges lower as US‑Iran talks, Fed caution weigh on safe‑haven demand
Silver continues to test a major resistance barrier in the form of the $80 level. At this point, I favor pullbacks as buying opportunities.
Silver holds above 50-day MA with support from weak dollar and yields, but lacks momentum. Price prediction hinges on rising Fed rate cut expectations.
Silver holds above 50-day MA with support from weak dollar and yields, but lacks momentum. Price prediction hinges on rising Fed rate cut expectations.
Silver Price Forecast: XAG/USD approaches four-week high near $81 on Iran optimism
March CPI printed 3.3% — the highest reading since May 2024 — while Q4 GDP came in at 0.5%. Inflation above target.