Silver price plunges as elevated US yields, firm Dollar pressure XAG/USD

Silver price plunges as elevated US yields, firm Dollar pressure XAG/USD

Source: EODHD - https://www.fxstreet.com/news/silver-price-plunges-as-elevated-us-yields-firm-dollar-pressure-xag-usd-202609281103
Published: Sep 28, 2026 7:03 AM

Silver (XAG/USD) falls sharply on Monday, losing 4.53% on the day to trade around $61.40 at the time of writing. The precious metal faces heavy selling pressure as elevated United States (US) Treasury yields and growing expectations of further interest rate hikes weigh on non-yielding assets.

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.