Silver Price Forecast: XAG/USD struggles to extend opening...

Silver Price Forecast: XAG/USD struggles to extend opening gains amid hawkish Fed bets

Published Aug 03, 2026 5:20 AM Last refreshed Aug 03, 2026 6:01 AM Source: EODHD Event Time: Aug 03, 2026 5:20 AM

News data attribution

This market news item includes source data powered by EODHD.

Silver Price Forecast: XAG/USD struggles to extend opening gains amid hawkish Fed bets

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-struggles-to-extend-opening-gains-amid-hawkish-fed-bets-202608030920
Published: Aug 03, 2026 5:20 AM

Silver price (XAG/USD) opens strongly due to a sharp decline in oil prices, but struggles to extend gains beyond $58.68 during the day. At press time, the Silver price is up 1% to near $58.20.

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.