Medium Impact XAGUSD XAG Silver

Silver Price Forecast: XAG/USD drops to near $60.50 amid surging oil, Treasury yields

Published Sep 28, 2026 9:23 PM Last updated Sep 28, 2026 10:02 PM Source: EODHD Event Time: Sep 28, 2026 9:23 PM
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This market news item includes source data powered by EODHD.

Silver Price Forecast: XAG/USD drops to near $60.50 amid surging oil, Treasury yields

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-drops-to-near-6050-amid-surging-oil-treasury-yields-202609290123
Published: Sep 28, 2026 9:23 PM

Silver price (XAG/USD) continues to lose ground after registering over 5% losses in the previous day, trading around $60.60 per troy ounce during Asian hours on Tuesday. Non-yielding Silver price declined as ongoing uncertainty surrounding US-Iran negotiations kept oil prices elevated.

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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