Silver Price Forecast: XAG/USD extends gains as US Dollar falls further, NFP comes into focus

Silver Price Forecast: XAG/USD extends gains as US Dollar falls further, NFP comes into focus

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-extends-gains-as-us-dollar-falls-further-nfp-comes-into-focus-202609030321
Published: Sep 02, 2026 11:21 PM

Silver price (XAG/USD) extends its Wednesday recovery move on Thursday, trading 0.67% higher at around $65.70 during the European trading session. The white metal strengthens as the US Dollar (USD) declines further due to moderate job demand in the United States (US) private sector.

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.