Silver Price Forecast: XAG/USD falls toward $58.00 as Trum...

Silver Price Forecast: XAG/USD falls toward $58.00 as Trump declares Iran truce “finished”

Published Jul 08, 2026 5:12 AM Last refreshed Jul 29, 2026 11:05 AM Source: EODHD Event Time: Jul 08, 2026 5:12 AM

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Silver Price Forecast: XAG/USD falls toward $58.00 as Trump declares Iran truce “finished”

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-falls-toward-5800-as-trump-declares-iran-truce-finished-202607080912
Published: Jul 08, 2026 5:12 AM

Silver price (XAG/USD) extends its losses for the third consecutive day, trading around $58.30 per troy ounce during the European hours on Wednesday. The non-yielding white metal struggled as renewed Middle East escalations threatened the interim United States (US)-Iran peace deal.

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.