Silver Price Forecast: XAG/USD jumps to near $59 as US Dol...

Silver Price Forecast: XAG/USD jumps to near $59 as US Dollar declines

Published Jul 09, 2026 2:57 AM Last refreshed Jul 29, 2026 11:05 AM Source: EODHD Event Time: Jul 09, 2026 2:57 AM

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Silver Price Forecast: XAG/USD jumps to near $59 as US Dollar declines

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-jumps-to-near-59-as-us-dollar-declines-202607090657
Published: Jul 09, 2026 2:57 AM

Silver price (XAG/USD) is up over 1% to near $59.00 during the European trading session on Thursday. The white metal gains as the US Dollar (USD) faces selling pressure despite multiple tailwinds.

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.