Medium Impact XAGUSD XAG Silver

Silver Price Forecasts: XAG/USD returns above $58.00 as US Dollar weakens

Published Jul 29, 2026 4:04 AM Last refreshed Jul 29, 2026 9:58 AM Source: EODHD Event Time: Jul 29, 2026 4:04 AM
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Silver Price Forecasts: XAG/USD returns above $58.00 as US Dollar weakens

Source: EODHD - https://www.fxstreet.com/news/silver-price-forecasts-xag-usd-returns-above-5800-as-us-dollar-weakens-202607290804
Published: Jul 29, 2026 4:04 AM

Silver (XAG/USD) shows a moderate bullish tone on Wednesday, following a two-day reversal, with price action returning to levels above the $58.00 line at the early European trading session.

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.