Silver Price Forecast: XAG/USD rises to near $62.20 in countdown to US NFP data

Silver Price Forecast: XAG/USD rises to near $62.20 in countdown to US NFP data

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-rises-to-near-6220-in-countdown-to-us-nfp-data-202608070325
Published: Aug 06, 2026 11:25 PM

Silver price (XAG/USD) trades 1% higher to near $62.20 during the Asian trading session on Friday. The white metal rises ahead of the United States (US) Nonfarm Payrolls (NFP) data for July, which will be published at 12:30 GMT.

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.