Silver Price Forecast: XAG/USD consolidates above $55 as d...

Silver Price Forecast: XAG/USD consolidates above $55 as downside momentum eases

Published Jul 31, 2026 1:40 PM Last refreshed Jul 31, 2026 3:02 PM Source: EODHD Event Time: Jul 31, 2026 1:40 PM

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Silver Price Forecast: XAG/USD consolidates above $55 as downside momentum eases

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-consolidates-above-55-as-downside-momentum-eases-202607311740
Published: Jul 31, 2026 1:40 PM

Silver (XAG/USD) trades on the back foot on Friday as rising US Treasury yields outweigh support from a weaker US Dollar (USD). At the time of writing, XAG/USD trades around $57.50, down 2% on the day and on track to close July in negative territory.

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.