Silver ($XAG) Commodity Forecast: Up 1.4% Today

What is Silver?

Silver, a precious metal known for its industrial and investment uses, experienced a bullish movement in the market today.

Why is Silver going up?

XAG commodity is up 1.4% on Aug 22, 2025 14:21

• Silver held steady and climbed above $38 per ounce as investors awaited Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium for clues on the interest rate outlook.
• The metal showed resilience despite a stronger dollar and diverged from gold's weakness, as markets weighed the Fed's rate outlook and potential for monetary easing.
• Divisions among Fed officials, with some advocating for rate cuts while others favored steady rates, added uncertainty to the market, with traders pricing in expectations for easing.
• Silver's bullish movement was further supported by easing geopolitical risks and fading concerns over a global trade war, contributing to a decline in safe-haven demand for precious metals.

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Silver Holds Steady Ahead of Powell Remarks

Silver held firm above $38 per ounce on Friday after two consecutive sessions of gains, as investors awaited Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium for signals on the interest rate outlook. Markets remain cautious that Powell could push back against expectations for a near-term rate cut. Futures currently imply about a 75% probability of a 25 basis point cut in September, down from more than 90% a week earlier. Kansas City Fed President Jeffrey Schmid argued that “modestly restrictive” monetary policy is still appropriate given inflation risks, while Cleveland Fed President Beth Hammack reiterated her opposition to cutting rates at this stage. Silver has also shown resilience in recent sessions, diverging from gold by holding firm despite weakness in the yellow metal and strength in the US dollar.

Silver Holds Steady Ahead of Jackson Hole

Silver traded around $37.8 per ounce on Thursday, consolidating after an over 1% rally in the previous session, as investors looked ahead to the Federal Reserve’s annual Jackson Hole symposium for policy cues. Market participants are set to focus on Fed Chair Jerome Powell’s remarks, searching for indications of whether the central bank may push back against expectations for near-term monetary easing. Minutes from the Fed’s July meeting underscored that most policymakers remain more concerned about persistent inflation pressures than about labor market risks, while tariffs and trade policy have deepened divisions within the committee. In the political arena, President Donald Trump called for the resignation of Fed Governor Lisa Cook over alleged mortgage fraud and continued to press for lower interest rates. With Powell’s term due to expire in May, the ongoing debate over Fed leadership and the direction of policy has added another layer of uncertainty for financial markets.

Silver Climbs on Fed Minutes, Stronger Dollar

Silver prices firmed above $37.5 per ounce on Wednesday, as markets weighed the Federal Reserve’s rate outlook amid a stronger dollar. Investors assessed the Fed’s July minutes which revealed divisions among officials, with most favoring steady rates while two governors pushed for cuts, the first such dissent in decades. Fed governors Christopher Waller and Michelle Bowman favored a quarter-point rate cut over leaving rates unchanged, underscoring divisions within the committee. Policymakers cited risks from both inflation and a weakening labor market, noting added uncertainty from tariffs. Focus will then shift to Fed Chair Jerome Powell’s remarks at the Jackson Hole symposium, with markets watching for any attempt to temper expectations for easing. Traders currently assign an 85% probability of a September rate cut and are pricing in about 54 basis points of reductions by year-end.

Silver Declines on Stronger Dollar

Silver prices slid toward $37 per ounce on Wednesday, marking their lowest level in more than two weeks as the dollar firmed ahead of key Federal Reserve events. Investors are awaiting the release of the July Fed meeting minutes, which will be closely scrutinized after the gathering saw the first policy dissents since 1993. Fed governors Christopher Waller and Michelle Bowman favored a quarter-point rate cut over leaving rates unchanged, underscoring divisions within the committee. Focus will then shift to Fed Chair Jerome Powell’s remarks at the Jackson Hole symposium, with markets watching for any attempt to temper expectations for easing. Traders currently assign an 85% probability of a September rate cut and are pricing in about 54 basis points of reductions by year-end. Adding to the bearish tone, easing geopolitical risks tied to ongoing Ukraine peace negotiations and fading concerns over a global trade war further weighed on safe-haven demand for precious metals.

Silver Slips After White House Summit

Silver fell below $38 per ounce on Tuesday, giving up the previous session’s gains as signs of progress in Ukraine peace negotiations dampened safe-haven demand. On Monday, US President Donald Trump met with European leaders to discuss security guarantees for Ukraine, adding that he had spoken with Russian President Vladimir Putin and was working to arrange a direct meeting between Putin and Ukrainian President Volodymyr Zelenskiy, followed by a potential trilateral summit. Meanwhile, attention turns to the Federal Reserve’s annual Jackson Hole symposium later this week, where global policymakers will debate labor market trends and the outlook for monetary policy. Fed Chair Jerome Powell is set to deliver remarks on the economy and the central bank’s policy framework. Additionally, investors await the July FOMC minutes, where multiple governors voted against the final decision for the first time since late 1993.

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Silver Price History

06.00.2025 - XAG Commodity was down 0.1%

• The recent downward trend in the silver market is linked to worries about a more aggressive stance from the Federal Reserve and uncertain industrial demand for silver.
• Projections by the Federal Reserve indicating a potential decrease in rate cuts in the upcoming year prompted investors to reduce exposure to non-interest-bearing bullion assets, resulting in a negative impact on silver prices.
• Feeble manufacturing figures coming from China and excessive capacity in the solar panel sector further intensified the pressure on silver prices, constraining the forecast for demand from vital industrial segments.
• Despite previous instances of positive economic prospects and safe-haven interest, the current market shift highlights the influence of specific factors such as Federal Reserve policy forecasts and uncertainties regarding industrial demand on silver prices.

10.03.2025 - XAG Commodity was up 5.2%

• Silver prices surged over 3% to trade above $30.50 per ounce as investors sought refuge in safe-haven assets due to growing uncertainties surrounding global growth and inflation, particularly driven by the sharp escalation in U.S.-China trade tensions.
• The announcement of a 90-day tariff pause by President Trump, along with reduced rates for most countries except China, contributed to the bullish movement in silver prices, as investors reacted positively to the potential easing of global trade tensions.
• The rebound in silver prices from a two-month low was fueled by heightened safe-haven demand amid concerns over a prolonged standoff between the U.S. and China, with both countries increasing tariffs on each other's goods, leading to fears of a tariff-induced global recession.
• Despite remaining volatile and facing pressure from market uncertainties, including fears of stagflation and potential further Federal Reserve rate cuts, silver managed to stabilize above $30 per ounce as investors continued to navigate shifting global trade dynamics and their impact on economic and inflation expectations.

07.03.2025 - XAG Commodity was up 5.1%

• The spike in silver's market performance today is believed to be influenced by investors turning to safe-haven assets like precious metals, with silver being a favored choice, amidst escalating global trade tensions and growing fears of a recession.
• Recent price volatility and fluctuations below the $30 per ounce mark are thought to be a result of the ramifications of trade policies initiated by US President Donald Trump, particularly with China responding with tariffs and the likelihood of other major economies following suit.
• Despite the overall market decline and apprehensions regarding global consumption, silver and other precious metals are expected to maintain their value as traders speculate on potential Federal Reserve rate adjustments in light of ongoing economic difficulties.
• Silver's ability to withstand market turbulence underscores its reputation as a traditional safe-haven asset during uncertain economic times, attracting investors seeking a secure option amidst unstable market environments.

04.03.2025 - XAG Commodity was down 5.2%

• Silver experienced a strong bearish movement due to escalating trade tensions and concerns over global demand and recession risks.
• The announcement of tariffs by President Trump on major economies like China, the EU, Japan, and India led to a selloff in equities and commodities, including silver.
• Despite the broader market slump, silver and other precious metals may see support as recession fears intensify, with traders anticipating potential Federal Reserve rate cuts in the future.
• The market movement of silver reflects the impact of geopolitical events and trade policies on commodity prices, highlighting the interconnected nature of global markets.

04.03.2025 - XAG Commodity was down 5.5%

• Silver prices dropped significantly today due to a widespread selloff across financial markets triggered by global trade and economic worries, particularly in response to recent announcements on import tariffs.
• The fear of a tariff-driven global economic slowdown led investors to shift towards safe-haven assets like government bonds, causing a bearish movement in silver prices.
• Despite the current bearish trend, silver and other precious metals may see renewed support as recession worries grow, with traders increasingly betting on potential rate cuts by central banks in the near future.
• The market movement of silver today reflects the impact of geopolitical tensions and trade uncertainties on commodity prices, highlighting the importance of monitoring global economic developments for potential investment opportunities.

02.05.2025 - XAG Commodity was up 5.1%

• Silver prices surged by 5% to $34.639 per ounce, driven by escalating trade tensions between the US and China, with President Trump's announcement of increased tariffs on steel and aluminum imports contributing to market uncertainty.
• The ongoing legal battles over trade policies, including court rulings on tariffs, have added to the volatility in silver prices, prompting investors to seek safe-haven assets.
• Despite a late pullback in May, silver managed to end the month with a 1.8% gain as investors monitored US trade policy developments and key economic data releases, highlighting the metal's role as a hedge against market fluctuations.
• The Federal Reserve's cautious stance on interest rates and concerns over inflation and unemployment risks, as indicated in meeting minutes, also influenced silver prices as investors sought stability in uncertain economic conditions.

23.03.2025 - XAG Commodity was up 2.3%

• Silver demonstrated significant positive momentum today, surging to $33 per ounce, supported by a general upswing in commodity prices and indications of reduced trade tensions between the US and China.
• The metal's unique characteristics as both a precious and industrial metal played a key role in its robust performance, surpassing gold which saw a decline after hitting record highs due to lower demand for safe havens.
• Investor confidence was bolstered by statements from President Trump regarding upcoming tariffs and reassurances from Federal Reserve Chair Jerome Powell, easing worries about the independence and trajectory of monetary policies.
• The depreciation of the US dollar and escalating trade disputes further boosted silver's value, underscoring its attractiveness as a safe-haven asset in the face of global economic and geopolitical instabilities.

12.04.2025 - XAG Commodity was down 1.5%

• Silver prices took a hit as optimism surrounding US-China trade talks increased, leading to reduced demand for safe-haven assets like silver.
• The potential progress in trade negotiations and the announcement of a preliminary trade deal between the US and the UK shifted market sentiment towards risk-on assets, impacting the demand for silver negatively.
• Federal Reserve's decision to maintain interest rates and the cautious stance adopted by Chair Jerome Powell further influenced the market, with investors turning away from safe-haven assets like silver.
• The overall market movement suggests that silver prices are highly sensitive to geopolitical developments and macroeconomic factors, with trade tensions and central bank policies playing a significant role in shaping investor sentiment towards the metal.

03.03.2025 - XAG Commodity was down 5.1%

• Silver faced downward pressure today, dipping below the $33.50 per ounce mark.
• The market shift is linked to the uncertainties revolving around President Trump's trade policies and their potential repercussions on the global trade landscape.
• Mixed signals surrounding the tariffs and their impacts created instability among investors, prompting a widespread sell-off in various commodities, silver included.
• Traders are keeping a close watch on the upcoming nonfarm payroll update scheduled for Friday, expecting it to offer insights into the economic landscape that could steer silver prices in the immediate future.

03.03.2025 - XAG Commodity was down 5.7%

• Silver prices dropped as markets reacted to Trump's tariffs, causing a broad selloff in commodities and weakening industrial demand for silver.
• The announcement of reciprocal tariffs by President Trump led to concerns about an escalating global trade war, prompting investors to seek safe-haven assets like gold instead of silver.
• Despite Silver's recent bearish movement, its long-term performance has been positive, with a notable increase of 18.88% over the last 12 months.

22.07.2025 - XAG Commodity was up 1.4%

• Silver held steady and climbed above $38 per ounce as investors awaited Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole symposium for clues on the interest rate outlook.
• The metal showed resilience despite a stronger dollar and diverged from gold's weakness, as markets weighed the Fed's rate outlook and potential for monetary easing.
• Divisions among Fed officials, with some advocating for rate cuts while others favored steady rates, added uncertainty to the market, with traders pricing in expectations for easing.
• Silver's bullish movement was further supported by easing geopolitical risks and fading concerns over a global trade war, contributing to a decline in safe-haven demand for precious metals.

04.03.2025 - XAG Commodity was down 7.0%

• Silver prices plummeted below $30 per ounce due to escalating trade tensions and concerns over global demand, marking a weekly loss of over 9%.
• The announcement of tariffs by US President Donald Trump, targeting major economies like China, the EU, Japan, and India, sparked fears of a tariff-driven global economic slowdown, leading to a widespread selloff in equities and commodities.
• Despite the market turmoil, safe-haven assets like government bonds saw increased interest, while silver and other precious metals may see support as recession fears rise and traders anticipate potential Federal Reserve rate cuts in the near future.