Silver Price Forecast: XAG/USD slips to near $66.00 on Fed hike fears, oil surge

Silver Price Forecast: XAG/USD slips to near $66.00 on Fed hike fears, oil surge

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-slips-to-near-6600-on-fed-hike-fears-oil-surge-202608110137
Published: Aug 10, 2026 9:37 PM

Silver price (XAG/USD) depreciates after two days of gains, trading around $66.00 per troy ounce during the Asian hours on Tuesday. The price of non-yielding Silver has taken a hit recently as rising oil prices spark renewed inflation fears and heighten expectations for interest rate hikes.

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.