Silver Price Forecast: XAG bulls test $70 as rally extends

Silver Price Forecast: XAG bulls test $70 as rally extends

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-bulls-test-70-as-rally-extends-202608211805
Published: Aug 21, 2026 2:05 PM

Silver prices rally for the third straight day, up more than 2% and, for the week, gains over 7.40%, as a firm US Dollar is not an excuse for precious metals buyers, who are choosing flight-to-quality over haven demand due to the difficult US fiscal stance.

Market context: This update is relevant to silver traders, with XAGUSD as the primary instrument to monitor for follow-through, trend continuation, or headline volatility.