Silver Price Forecast: XAG/USD tests 100-day SMA as rally extends

Silver Price Forecast: XAG/USD tests 100-day SMA as rally extends

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-tests-100-day-sma-as-rally-extends-202608201812
Published: Aug 20, 2026 2:12 PM

Silver price extended its gains on Thursday, up more than 1.70%, even as US yields recovered some ground and then resumed their rise following the US Treasury bond buyback announcement. The XAG/USD trades at $68.18 at the time of writing.

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.