Silver Price Forecasts: XAG/USD holds below $59.00 despite...

Silver Price Forecasts: XAG/USD holds below $59.00 despite US Dollar’s weakness

Published Jul 15, 2026 2:28 AM Last refreshed Jul 29, 2026 11:04 AM Source: EODHD Event Time: Jul 15, 2026 2:28 AM

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Silver Price Forecasts: XAG/USD holds below $59.00 despite US Dollar’s weakness

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecasts-xag-usd-holds-below-5900-despite-us-dollars-weakness-202607150628
Published: Jul 15, 2026 2:28 AM

Silver (XAG/USD) ticks lower on Wednesday, trading at $58.50 at the time of writing, after rejection at the $59.00 area on Tuesday. The sour market sentiment amid rising hostilities in Iran continues to weigh on the precious metal, offsetting the positive impact of a weaker US Dollar Index (DXY).

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.