Silver ($XAG) Commodity Forecast: Up 5.3% Today

What is Silver?

Silver, a precious metal known for its industrial and investment demand, experienced a strong bullish movement today amidst market uncertainties and geopolitical tensions.

Why is Silver going up?

XAG commodity is up 5.3% on Jan 9, 2026 16:40

• Silver surged over 1.5% to above $78.2 per ounce as weaker-than-expected US job creation data reinforced expectations for Fed rate cuts, triggering renewed demand for precious metals.
• The bullish momentum in silver was further supported by geopolitical risks around Venezuela and East Asia, although the primary driver was the repricing of US rates, with thin liquidity amplifying the upside move.
• The recent bearish movements in silver, including a 5% drop and profit-taking sessions, were influenced by index rebalancing, mechanical selling by passive funds, and profit booking after a strong rally towards record highs.
• Overall, the fluctuating movements in silver were a result of a delicate balance between economic data, monetary policy expectations, geopolitical developments, and investor sentiment towards safe-haven assets.

XAG Price Chart

XAG Technical Analysis

XAG News

Silver Jumps After Soft US Payrolls

Silver rose over 1.5% to above $78.2 per ounce on Friday as weaker US job creation reinforced expectations for Fed rate cuts, triggering renewed demand for precious metals after index driven selling pressure eased. December nonfarm payrolls rose by just 50,000, well below forecasts, while the unemployment rate fell to 4.4%, confirming a low hiring, low firing labor market that aligns with an outlook for lower interest rates rather than renewed tightening. That shift reduced real yield pressure and encouraged fresh long positioning and short covering in silver futures once mechanical selling linked to annual commodity index rebalancing began to subside. Geopolitical risks around Venezuela and East Asia provided secondary support, but the rebound was chiefly driven by the repricing of US rates, with thin liquidity amplifying the upside move after two sessions of sharp liquidation.

Silver Slips on Index Rebalancing and Profit-Taking

Silver tumbled 5% toward $74 per ounce on Thursday, marking a second consecutive session of losses as investors positioned ahead of the annual rebalancing of major commodity indexes, which will see billions of dollars in futures contracts sold over the coming days. Mechanical selling by passive funds adjusting to annual index rebalancing has intensified near-term downside despite silver’s strong run, as portfolios unwind futures to meet new weightings after an extraordinary rally last year. Investors also monitored geopolitical developments, including ongoing US intervention in Venezuela and rising tensions between China and Japan, while awaiting Friday’s US nonfarm payrolls report for further insight into monetary policy. Markets currently price in a nearly 90% probability that the Fed will hold rates steady, though traders continue to anticipate multiple rate cuts later this year.

Silver Falls for Second Session

Silver dropped below $77 per ounce on Thursday, extending losses from the previous session as the bullish momentum that had driven precious metals toward record levels earlier this week began to fade. Prices also retreated as the dollar strengthened, with mixed US economic data offering limited clarity on the Federal Reserve’s policy outlook. Markets are currently pricing in a nearly 90% probability that the Fed will keep interest rates unchanged at its upcoming meeting, though traders continue to anticipate multiple rate cuts later this year. On the geopolitical front, investors continued to assess the implications of US intervention in Venezuela and rising tensions between China and Japan, developments that are likely to sustain underlying safe-haven demand. Still, silver remained close to all-time highs, supported by supply constraints and robust demand from both industrial applications and investment flows.

Silver is down by 5.04%

Silver decreased 5.04% to 77.138 USD/t.oz

Silver Slips on Profit-Taking

Silver fell below $81 per ounce on Wednesday, pausing a three-day rally as investors booked profits after the metal surged near record highs. Precious metals broadly pulled back as the dollar strengthened ahead of a series of US economic reports that could shape the Federal Reserve’s policy outlook, culminating with Friday’s December jobs report. Meanwhile, Fed Governor Stephen Miran said the central bank may need to cut interest rates aggressively to sustain economic momentum, supporting market expectations for at least two rate reductions this year. Still, traders currently assign more than an 80% probability that the Fed will keep policy unchanged later this month. On the geopolitical front, investors continued to weigh the impact of US intervention in Venezuela and rising tensions between China and Japan, factors likely to maintain support for safe-haven metals.

Trending Today

Fortune Brands Innovations Inc. ($FBIN) Stock Forecast: Up 5.4% Today

PulteGroup Inc. ($PHM) Stock Forecast: Up 7.7% Today

Lennar Corporation Class A ($LEN) Stock Forecast: Up 8.6% Today

Intel Corporation ($INTC) Stock Forecast: Up 10.6% Today

Lam Research Corporation ($LRCX) Stock Forecast: Up 7.8% Today

Micron Technology Inc. ($MU) Stock Forecast: Up 5.2% Today

DENTSPLY SIRONA Inc. ($XRAY) Stock Forecast: Up 2.1% Today

KLA-Tencor Corporation ($KLAC) Stock Forecast: Up 5.3% Today

Equity Residential of Beneficial Interest ($EQR) Stock Forecast: Down 4.5% Today

Applied Materials Inc. ($AMAT) Stock Forecast: Up 6.0% Today

Silver Price History

29.11.2025 - XAG Commodity was up 7.0%

• Silver's bullish movement today can be attributed to the ongoing geopolitical uncertainty, with recent comments from political leaders and tensions in various regions driving safe-haven demand for the precious metal.
• The profit-taking pressure that caused a slight slide in silver prices earlier in the day was likely short-lived, as the metal quickly rebounded, showcasing the resilience of its upward trend.
• The overall positive outlook for silver, driven by factors such as speculative inflows, supply disruptions, central bank buying, and expectations of US rate cuts, continues to support its strong performance in the market.
• Despite occasional fluctuations, silver's upward trajectory in 2025, with significant gains and multiple record highs, reflects the enduring appeal of the metal as a valuable asset in times of economic and geopolitical uncertainty.

31.11.2025 - XAG Commodity was down 5.2%

• Silver fell over 5% to $72 per ounce as investors engaged in profit-taking, retreating from recent record highs, showcasing the volatility of the precious metal market.
• Despite the pullback, silver has surged over 150% year-to-date, outperforming other assets, driven by factors such as supply constraints, low inventories, and strong demand from both retail and institutional investors.
• The market movement was influenced by profit-taking activities, geopolitical tensions, and the anticipation of further monetary easing by the US Federal Reserve in 2026, highlighting the complex interplay of factors shaping silver's price dynamics.
• Analysts foresee silver continuing to be supported by robust demand and structural factors, such as supply tightness and its strategic importance, indicating a potential for future resilience in the market despite short-term fluctuations.

31.11.2025 - XAG Commodity was down 5.2%

• Silver fell over 5% to $72 per ounce due to profit-taking by investors, leading to a significant pullback from recent gains.
• Despite the retreat, silver had a remarkable year in 2025, appreciating 162% and outperforming major stock indices and currencies, supported by robust industrial and investment demand.
• Geopolitical tensions, such as the Russia-Ukraine conflict and US-Iran relations, added to market volatility, impacting silver prices.
• The market sentiment remains positive for silver, with analysts expecting continued support from structural factors like constrained supply and strong industrial demand, despite short-term retracements due to profit-taking and geopolitical uncertainties.

05.00.2026 - XAG Commodity was up 5.1%

• Silver rallied over 6% to above $76 per ounce, bouncing back from a significant selloff in the previous session, showcasing its resilience and investor interest in the metal.
• Geopolitical tensions, including the US actions in Venezuela and ongoing conflicts in Russia-Ukraine, contributed to the safe-haven appeal of silver, driving up demand for the precious metal.
• The strong performance of silver in 2025, with gains exceeding 150%, coupled with supply constraints, low inventories, and expectations of looser US monetary policy, have continued to support its upward trajectory in 2026.
• Despite short-term profit-taking actions by investors, the overall bullish sentiment towards silver remains intact, with analysts projecting further support from robust industrial and investment demand, ongoing supply tightness, and potential monetary easing by the Federal Reserve.

08.00.2026 - XAG Commodity was down 5.1%

• Silver prices declined by over 5% to $77 per ounce as bullish momentum from earlier in the week diminished, impacted by a stronger dollar and uncertainty surrounding the Federal Reserve's policy outlook.
• Investors engaged in profit-taking following a recent surge in silver prices, and tensions in Venezuela and between China and Japan also played a role in the price decline.
• Despite the bearish movement, silver remains near all-time highs due to factors such as supply constraints, strong demand from industrial uses and investments, and continuing safe-haven demand amid geopolitical uncertainties.

08.00.2026 - XAG Commodity was down 5.4%

• Silver declined by 5.04% to $77.138 USD/t.oz.
• The drop in silver prices is linked to profit-taking by investors post a recent rally and a strengthening dollar before significant US economic reports.
• Ongoing geopolitical tensions globally are maintaining the demand for safe-haven metals like silver.
• Despite the recent setback, silver's recent rally has been fueled by supply concerns, robust industrial and investment demand, and favorable macroeconomic conditions.

06.00.2026 - XAG Commodity was up 6.3%

• Silver witnessed a robust growth of 5.05% to reach $80.44 per ounce, maintaining its upward trajectory.
• The spike in silver prices can be linked to heightened geopolitical tensions, particularly due to recent events involving the US and Venezuela, leading to increased interest in safe-haven assets like silver.
• Also, underwhelming US manufacturing data and cautious statements from a Federal Reserve official concerning labor market risks contributed to the positive movement in silver's value.
• The rise in silver prices was further fueled by a mix of supply uncertainties, strong industrial demand, and ongoing geopolitical instabilities, showcasing its significance as a valuable investment during periods of market instability.

06.00.2026 - XAG Commodity was up 5.3%

• Silver surged above $78 per ounce, marking a third consecutive session of gains, driven by heightened geopolitical risks following the US attack on Venezuela and the capture of President Nicolas Maduro.
• The metal's rally was further supported by weaker-than-expected US manufacturing data, dovish comments from a key Federal Reserve official, and ongoing supply concerns, all contributing to increased demand for safe-haven assets like silver.
• With strong demand from both industrial use and investment flows, as well as supply constraints and geopolitical uncertainties, silver's bullish movement today reflects a combination of factors shaping its price trajectory in the current market environment.

30.11.2025 - XAG Commodity was up 5.1%

• Silver rebounded by 1.6% to $73 per ounce, recovering from a recent sharp pullback due to profit-taking and increased margin requirements on silver futures. Despite near-term volatility, silver continues to be supported by structural supply constraints and robust industrial demand.
• Geopolitical uncertainty, including peace talks between the US and Ukraine, as well as tensions in the Middle East and Venezuela, have contributed to silver's price swings. President Trump's comments on progress in negotiations with Ukrainian President Zelenskiy added to market uncertainty.
• Silver's recent rally to a new high of $74.8 per ounce was driven by elevated investor sentiment, expectations of US interest rate cuts, concerns over global supply disruptions, and central bank purchases. The metal's significant gains have been fueled by speculative inflows and lingering supply disruptions, among other factors.

30.11.2025 - XAG Commodity was up 5.3%

• Silver surged over 6% today, rebounding strongly after a significant selloff in the previous session, driven by profit-taking and geopolitical uncertainties.
• The rebound in silver prices was supported by robust industrial demand, persistent supply constraints, and continued inflows into ETFs, despite holiday-thinned liquidity and stricter margin requirements impacting short-term price gains.
• Geopolitical risks, including tensions in the Russia-Ukraine conflict and the US signaling potential action against Iran, contributed to the market movement, highlighting silver's role as a safe-haven asset during uncertain times.
• Silver's impressive performance in 2025, with gains of around 166%, showcases its resilience amid market fluctuations and investor interest in precious metals as a hedge against global uncertainties.

09.00.2026 - XAG Commodity was up 5.2%

• Silver increased by 5.05% to $80.44 per ounce in a strong bullish movement observed today.
• The bullish momentum was fueled by profit-taking and index rebalancing, as investors positioned themselves ahead of major commodity index adjustments.
• Despite recent pullbacks in prices due to profit-taking and mechanical selling by passive funds, silver remains near all-time highs, supported by supply constraints and strong demand from industrial applications and investment flows.
• Ongoing geopolitical developments, such as US intervention in Venezuela and tensions between China and Japan, continue to support the underlying safe-haven demand for silver, further boosting its price.

09.00.2026 - XAG Commodity was up 5.3%

• Silver surged over 1.5% to above $78.2 per ounce as weaker-than-expected US job creation data reinforced expectations for Fed rate cuts, triggering renewed demand for precious metals.
• The bullish momentum in silver was further supported by geopolitical risks around Venezuela and East Asia, although the primary driver was the repricing of US rates, with thin liquidity amplifying the upside move.
• The recent bearish movements in silver, including a 5% drop and profit-taking sessions, were influenced by index rebalancing, mechanical selling by passive funds, and profit booking after a strong rally towards record highs.
• Overall, the fluctuating movements in silver were a result of a delicate balance between economic data, monetary policy expectations, geopolitical developments, and investor sentiment towards safe-haven assets.