Silver Price Forecasts: XAG/USD reaches $59.00 amid cautious Iran peace hopes
Source: EODHD - https://www.fxstreet.com/news/silver-price-forecasts-xag-usd-reaches-5900-amid-cautious-iran-peace-hopes-202608040628
Published: Aug 04, 2026 2:28 AM
Silver (XAG/USD) accelerates its recovery on Tuesday, reaching session highs above $59.00 at the time of writing, after bouncing from the $56.50 area on Monday.
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.
High Impact
XAGUSD
XAG
Silver
Silver Price Forecasts: XAG/USD reaches $59.00 amid cautious Iran peace hopes
Published Aug 04, 2026 2:28 AM
Last refreshed Aug 04, 2026 3:01 AM
Source:
EODHD
Event Time: Aug 04, 2026 2:28 AM
News data attribution
This market news item includes source data powered by EODHD.