Silver Price Forecast: XAG/USD declines to near $58.70 in countdown to US inflation data

Silver Price Forecast: XAG/USD declines to near $58.70 in countdown to US inflation data

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-declines-to-near-5870-in-countdown-to-us-inflation-data-202610140655
Published: Oct 14, 2026 2:55 AM

Silver price (XAG/USD) is down 0.65% to near $58.70 during the European trading session on Wednesday. The white metal is under pressure as oil prices have increased recently amid ongoing tensions in the Middle East.

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.