Silver Price Forecast: XAG/USD tests the $55 floor as sell...

Silver Price Forecast: XAG/USD tests the $55 floor as sellers retain control

Published Jul 16, 2026 2:14 PM Last refreshed Jul 29, 2026 11:04 AM Source: EODHD Event Time: Jul 16, 2026 2:14 PM

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Silver Price Forecast: XAG/USD tests the $55 floor as sellers retain control

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecast-xag-usd-tests-the-55-floor-as-sellers-retain-control-202607161814
Published: Jul 16, 2026 2:14 PM

Silver (XAG/USD) extends its decline on Thursday as the US Dollar (USD) rebounds and US Treasury yields stabilize following a two-day drop driven by softer-than-expected US inflation data. At the time of writing, XAG/USD trades around $55.75, down 3.50% on the day.

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.