Medium Impact XAGUSD XAG Silver

Silver Price Forecasts: XAG/USD, capped below $62.00 but steady near one-month highs

Published Aug 05, 2026 7:41 AM Last refreshed Aug 05, 2026 9:01 AM Source: EODHD Event Time: Aug 05, 2026 7:41 AM
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Silver Price Forecasts: XAG/USD, capped below $62.00 but steady near one-month highs

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecasts-xag-usd-capped-below-6200-but-steady-near-one-month-highs-202608051141
Published: Aug 05, 2026 7:41 AM

Silver (XAG/USD) has found some resistance at the $61.90 area on Wednesday, before pulling back to $61.24 at the moment of writing, but remains above the top of the last four weeks’ range, at the $60.90 area.

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.