Medium Impact XAGUSD XAG Silver

Silver Price Forecast: XAG/USD rises above $58.00 on renewed US-Iran peace talks

Published Aug 02, 2026 11:59 PM Last refreshed Aug 03, 2026 1:01 AM Source: EODHD Event Time: Aug 02, 2026 11:59 PM
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Silver Price Forecast: XAG/USD rises above $58.00 on renewed US-Iran peace talks

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-rises-above-5800-on-renewed-us-iran-peace-talks-202608030359
Published: Aug 02, 2026 11:59 PM

Silver price (XAG/USD) rises after registering modest gains in the previous day, trading around $58.20 per troy ounce during the Asian hours on Monday.

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.