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Silver Price Forecast: XAG downtrend accelerates, eyes on $55.00

Published Jul 13, 2026 2:39 PM Last refreshed Jul 29, 2026 11:04 AM Source: EODHD Event Time: Jul 13, 2026 2:39 PM
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Silver Price Forecast: XAG downtrend accelerates, eyes on $55.00

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-downtrend-accelerates-eyes-on-5500-202607131839
Published: Jul 13, 2026 2:39 PM

Silver price remains below $60.00 as the week begins, diving nearly 4% on Monday amid tensions in the Middle East. Hawkish remarks by Federal Reserve (Fed) Governor Christopher Waller underpin the Greenback, which, according to the US Dollar Index (DXY), is up by over 0.28%.

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.