Silver ($XAG) Commodity Forecast: Up 5.4% Today

What is Silver?

Silver is a precious metal known for its industrial and investment uses. Today, it experienced a strong bullish movement in the market.

Why is Silver going up?

XAG commodity is up 5.4% on Feb 20, 2026 16:35

• Geopolitical tensions, particularly between the US and Iran, contributed to the bullish movement as investors sought safe-haven assets like silver.
• The closure of major Asian markets due to the Lunar New Year holidays led to thin trading volumes, potentially exaggerating price movements in the commodity.
• Speculative activity among Chinese traders in the past had a significant impact on silver prices, and the current subdued trading volumes may have amplified the bullish momentum.
• The uncertainty surrounding US economic releases and Federal Reserve policy also played a role in driving investors towards precious metals like silver as a hedge against inflation and interest rate hikes.

XAG Price Chart

XAG Technical Analysis

XAG News

Silver Set for First Weekly Gain in Four

Silver held above $78 per ounce on Friday, on track for its first weekly gain in four, supported by rising geopolitical tensions and thin trading volumes in Asia. Escalating US-Iran tensions intensified after President Donald Trump warned Tehran to reach an agreement on its nuclear program or face consequences, while Iran signaled potential retaliation against US bases if attacked. Commodity trading volumes remained subdued this week as major Asian markets, notably China, were closed for the Lunar New Year holidays. Silver and other precious metals had previously underwent a blowoff rally and a historic selloff due in large part to speculative activity among Chinese traders. Meanwhile, market participants awaited key US economic releases that could influence Federal Reserve policy. Minutes from the latest FOMC meeting revealed policymakers were split on the rate outlook, with some signaling further hikes could be warranted if inflation remains elevated.

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Silver Price History

20.01.2026 - XAG Commodity was up 5.4%

• Geopolitical tensions, particularly between the US and Iran, contributed to the bullish movement as investors sought safe-haven assets like silver.
• The closure of major Asian markets due to the Lunar New Year holidays led to thin trading volumes, potentially exaggerating price movements in the commodity.
• Speculative activity among Chinese traders in the past had a significant impact on silver prices, and the current subdued trading volumes may have amplified the bullish momentum.
• The uncertainty surrounding US economic releases and Federal Reserve policy also played a role in driving investors towards precious metals like silver as a hedge against inflation and interest rate hikes.

13.01.2026 - XAG Commodity was down 8.2%

• Silver dropped nearly 10% to below $76 per ounce today due to a broad-based liquidation wave in financial markets.
• The selloff was driven by forced selling of precious metals to raise cash, with investors also selling off assets like equities and cryptocurrencies.
• The decline was not tied to rate repricing but rather to liquidity stress and rapid position unwinding after an extended rally, showing the market's volatility.
• Despite expectations of softer CPI data and potential Federal Reserve rate cuts later in the year, immediate flows were dominated by deleveraging, highlighting the impact of market dynamics on silver prices.

13.01.2026 - XAG Commodity was down 8.3%

• Silver prices plummeted by nearly 10% to below $76 per ounce today amid a larger sell-off in financial markets. The sharp decline was driven by liquidity strain, rapid position unwinding, and forced selling of precious metals to generate cash.
• The drop in silver was also influenced by an unexpectedly strong US jobs report, which tempered expectations for imminent Federal Reserve rate cuts. The robust labor market data pushed up Treasury yields and reduced the immediate need for easing measures, impacting the demand for safe-haven assets like silver.
• Despite the recent decline, silver had surged by 5% earlier in the week, showcasing the market's high volatility. The metal remains supported by safe-haven demand and worries about currency devaluation and sovereign debt burdens, reaffirming its role as a hedge against economic uncertainties.
• Today's market movement in silver illustrates the intricate interplay among economic data, Federal Reserve policy outlooks, and broader market forces, emphasizing the challenges for investors in navigating the current landscape of heightened volatility and unpredictability.

11.01.2026 - XAG Commodity was up 5.0%

• Silver price increased by over 1% today, reaching $82 per ounce. This rise was driven by disappointing US economic data and decreased confidence in US assets, resulting in higher demand for safe-haven investments.
• The movement in the market was also affected by a shift away from dollar-denominated assets due to concerns over policy uncertainties in Washington, along with expectations of Federal Reserve easing later in the year.
• Recent volatility in the silver market was attributed to speculative trading activities, particularly from Chinese traders, demonstrating how market sentiment and investor behavior impact price changes.
• Investors are closely monitoring upcoming US jobs and inflation data to gauge the Federal Reserve's future policy decisions. Expectations of interest rate stability in March and potential rate cuts later in the year are influencing demand for precious metals.

12.01.2026 - XAG Commodity was down 5.4%

• Silver dropped more than 2% to around $82 per ounce due to a stronger-than-expected US jobs report impacting expectations for Federal Reserve rate cuts.
• The positive US labor market data reinforced the Fed officials' decision to maintain rates, leading to a rise in Treasury yields and a decline in silver prices.
• Despite the drop, silver is supported by safe-haven demand and concerns over currency erosion and sovereign debt burdens.
• The bullish outlook for precious metals indicates that the bearish movement in silver may be a temporary setback in its overall upward trend.

12.01.2026 - XAG Commodity was down 9.4%

• Silver dropped nearly 10% to below $76 per ounce today amidst a broad liquidation wave across financial markets.
• The decline in silver prices was primarily driven by liquidity stress, rapid position unwinding, and cross-commodity pressure as investors sold off precious metals to raise cash.
• Stronger-than-expected US jobs data dampened expectations for near-term Federal Reserve rate cuts, contributing to the bearish movement in silver prices.
• Despite the pullback, silver continues to draw support from safe-haven demand and concerns over currency erosion and mounting sovereign debt burdens, suggesting potential resilience in the longer term once forced selling subsides.

06.01.2026 - XAG Commodity was up 5.5%

• Silver saw a strong bullish movement today, rebounding towards $76 per ounce after a period of volatility and significant price swings.
• The market movement can be attributed to the halt in the selloff that started late January, as markets assessed solid fundamentals for the metal against overdone speculative positions.
• Factors such as geopolitical concerns, the nomination of Kevin Warsh for the next Fed Chairman, and speculative bets on silver's industrial use contributed to the bullish sentiment.
• Despite the rebound, silver prices erased all gains for the year, reflecting the intense volatility and speculative positioning in the market.

09.01.2026 - XAG Commodity was up 5.0%

• Silver experienced a strong bullish movement today, with prices rising over 2% to reach $80 per ounce.
• The bullish trend can be attributed to continued buying interest from traders following a historic selloff that saw the metal lose nearly half of its value.
• Factors such as the landslide victory of Prime Minister Sanae Takaichi in Japan's elections, ongoing US-Iran talks, and anticipation of key US economic reports contributed to the positive sentiment.
• Additionally, the recent extreme swings in precious metals, including silver, were attributed to speculative activity, with Chinese traders playing a significant role in driving prices.

09.01.2026 - XAG Commodity was up 5.0%

• Silver prices surged over 6% to $83 per ounce, continuing last week's rebound from a historic selloff that wiped out nearly half of its value. Factors contributing to the bullish movement include easing US inflation expectations, softer real yields, and a weaker dollar, along with geopolitical risks and expectations of expansionary fiscal policies in Japan.
• The recovery in silver prices was also supported by US-Iran talks to ease tensions, although Iran's stance on nuclear fuel enrichment remained unchanged. Additionally, US jobs and inflation reports are awaited for further guidance on Federal Reserve policy.
• The extreme swings in precious metals, including silver, were attributed to speculative activities, with Chinese traders playing a significant role in the market volatility. The nomination of Kevin Warsh as the next Fed Chairman, known for his hawkish views, also impacted silver prices.
• Despite the rebound, silver prices erased gains made earlier in the year, reaching a record high of $121 on January 29th before facing a wave of selling triggered by higher margin requirements and liquidation. Speculative bets on silver due to its industrial applications also contributed to the bullish sentiment.

06.01.2026 - XAG Commodity was down 7.2%

• Silver surged above $73 per ounce before dropping over 8%, hitting a seven-week low amidst widespread deleveraging and a significant selloff in financial markets.
• Heavy speculative positioning, mainly from Chinese traders, increased silver's price volatility, leaving it susceptible to sudden reversals with changing sentiment.
• The potential nomination of a more hawkish candidate for the next Fed chair caused the dollar to strengthen, adding pressure on precious metals like silver.
• Geopolitical tensions, economic uncertainties, and expectations of Federal Reserve actions were key factors influencing market sentiment, contributing to the increased volatility and bearish trend seen in silver prices.

06.01.2026 - XAG Commodity was down 6.2%

• Silver plummeted by over 8% to dip below $65 per ounce due to widespread deleveraging and a sharp selloff in financial markets.
• Speculative purchases, notably from Chinese traders, inflated the market, leaving it exposed to a sudden reversal with shifting sentiments.
• The selection of Kevin Warsh as the potential new Fed chair, known for a more conservative stance, triggered a dollar rally, intensifying pressure on precious metals like silver.
• Despite expectations of bargain hunting, the silver decline persisted as global tensions eased, prompting a shift towards risk aversion over defensive asset inflows, contributing to the bearish sentiment in the market.

06.01.2026 - XAG Commodity was down 23.0%

• Silver prices plummeted by over 8%, slipping below $65 per ounce, hitting a seven-week low and wiping out all gains for the year.
• The price decline was influenced by broad deleveraging and extensive market sell-offs, as well as a strengthening US dollar linked to the nomination of Kevin Warsh for the next Fed chair, hinting at a more stringent monetary policy approach.
• Increased speculative buying, primarily from Chinese traders, exaggerated the market rally, making silver susceptible to a sharp turnaround as market sentiment changed. Moreover, easing tensions between the US and Iran, with scheduled talks, lessened the demand for precious metals as safe-havens.
• Despite expectations of purchasing on the dip and anticipated supply shortages benefiting silver, market focus centered on diminishing risks rather than defensive investments. This shift led to selling driven by margins and raised volatility levels in the precious metals market.