Silver Price Forecast: XAG extends lower low sequence, eye...

Silver Price Forecast: XAG extends lower low sequence, eyes on $55

Published Jul 08, 2026 1:46 PM Last refreshed Jul 29, 2026 11:05 AM Source: EODHD Event Time: Jul 08, 2026 1:46 PM

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Silver Price Forecast: XAG extends lower low sequence, eyes on $55

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-extends-lower-low-sequence-eyes-on-55-202607081746
Published: Jul 08, 2026 1:46 PM

Silver prices collapse nearly 2.50% on Wednesday as risk aversion drives traders towards buying the US Dollar, to the detriment of precious metals. At the time of writing, the XAG/USD trades at $58.41 after waking at around $61.03.

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.