{
  "id": 12099217,
  "title": "Silver Price Forecasts: XAG/USD pars losses but remains trading in range",
  "url": "https://urgent.news/2026/10/05/silver-price-forecasts-xag-usd-pars-losses-but-remains-trading-in",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T07:12:51.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecasts-xag-usd-pars-losses-but-remains-trading-in-range-202610050712"
  },
  "original_language": "en",
  "account": "Silver (XAG/USD) moved above $61.30 during Monday's early European session, following a bounce from two-month lows around $59.70 on Friday. The metal found some support from the slight decline in US Treasury yields after the release of soft US labor data on Friday. However, it remains below a crucial resistance level at $62.40, which keeps the overall bearish trend in place. The Nonfarm Payrolls report released on Friday revealed a significant slowdown in US employment creation and an unexpected increase in the Unemployment rate. These indicators suggest that the Federal Reserve (Fed) will likely pause its monetary tightening cycle in October, leading to lower near-term yields and providing a brief respite to the struggling precious metals. Despite this, bond market instability persists due to concerns about high oil prices sustaining inflationary pressures. Consequently, the retreat of US yields remains limited, likely keeping Silver rallies constrained. XAG/USD experienced a modest recovery on Monday but remains below a prior support area near $62.40, which is also the neckline of a prolonged Head & Shoulders pattern. Momentum indicators in the 4-hour chart are neutral, with the Relative Strength Index (14) hovering around the 50 midline and the Moving Average Convergence Divergence (MACD) slightly positive. Silver will likely require further support to breach the mentioned resistance area. A rare break above $62.40 would expose the September 25 high just above $65.00, followed by the resistance level around $68.00. Conversely, bearish attempts are likely to face resistance around Friday's lows at $59.69 and the late August and early September lows at the $56.60 area.",
  "summary": "Silver (XAG/USD) trades above $61.30 on Monday’s early European session, after bouncing from two-month lows around $59.70 on Friday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}