Silver Price Forecast: XAG remains bearish as ‘evening sta...

Silver Price Forecast: XAG remains bearish as ‘evening star’ forms

Published Jul 07, 2026 3:18 PM Last refreshed Jul 29, 2026 11:05 AM Source: EODHD Event Time: Jul 07, 2026 3:18 PM

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Silver Price Forecast: XAG remains bearish as ‘evening star’ forms

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-remains-bearish-as-evening-star-forms-202607071918
Published: Jul 07, 2026 3:18 PM

Silver (XAG/USD) price tumbles nearly 3% on Tuesday as market mood turns dismal due to heightened tensions in the Middle East, following Iranian attacks on two vessels in the Strait of Hormuz. At the time of writing, XAG/USD trades at $60.26, after peaking at around $62.16.

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.