Silver Price Forecast: XAG/USD consolidates below 100-Day SMA as momentum fades

Published Aug 31, 2026 2:21 PM Last refreshed Aug 31, 2026 4:02 PM Source: EODHD Event Time: Aug 31, 2026 2:21 PM

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This market news item includes source data powered by EODHD.

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Silver Price Forecast: XAG/USD consolidates below 100-Day SMA as momentum fades

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-consolidates-below-100-day-sma-as-momentum-fades-202608311821
Published: Aug 31, 2026 2:21 PM

Silver (XAG/USD) is little changed on Monday, caught between a weaker US Dollar (USD) and lingering hawkish Federal Reserve (Fed) expectations, leaving the metal without clear direction after tumbling 4.11% on Friday in the wake of Fed Chair Kevin Warsh's hawkish Jackson Hole comments.

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.

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