Silver Price Forecast: XAG/USD slips below $60.50 amid rising inflation concerns

Published Oct 01, 2026 10:04 PM Last updated Oct 02, 2026 1:02 AM Source: EODHD Event Time: Oct 01, 2026 10:04 PM

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This market news item includes source data powered by EODHD.

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Silver Price Forecast: XAG/USD slips below $60.50 amid rising inflation concerns

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-slips-below-6050-amid-rising-inflation-concerns-202610020204
Published: Oct 01, 2026 10:04 PM

Silver price (XAG/USD) loses ground after registering gains the previous day, trading around $60.30 per troy ounce during Asian hours on Friday. Silver price retreats as rising crude oil costs, driven by fears of a deteriorating conflict between the US and Iran, reignite broader inflation concerns.

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.

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