Medium Impact XAGUSD XAG Silver

Silver Price Forecast: XAG/USD revisits monthly high near $61 as oil price plunges further

Published Aug 04, 2026 11:36 PM Last refreshed Aug 05, 2026 12:01 AM Source: EODHD Event Time: Aug 04, 2026 11:36 PM
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Silver Price Forecast: XAG/USD revisits monthly high near $61 as oil price plunges further

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-revisits-monthly-high-near-61-as-oil-price-plunges-further-202608050336
Published: Aug 04, 2026 11:36 PM

Silver price (XAG/USD) trades 1.8% higher at around $60.95 during the Asian trading session on Wednesday.

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.