{
  "id": 12225835,
  "title": "Silver Price Forecast: XAG/USD builds base above $60, eyes $64",
  "url": "https://urgent.news/2026/10/05/silver-price-forecast-xag-usd-builds-base-above-60-eyes-64",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T19:23:26.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecast-xag-usd-builds-base-above-60-eyes-64-202610051923"
  },
  "original_language": "en",
  "account": "Silver prices have climbed by over 1.14% on Monday, despite rising US Treasury yields and the US Dollar Index (DXY) extending its gains by 0.26%. The XAG/USD traded at $61.13, bouncing back from daily lows of $60.36. It appears a bottom may be forming, with the white metal staying firmly above $60.00, making a bounce to test resistance above $64.00 more likely. Momentum is shifting to a neutral stance as the Relative Strength Index (RSI) is bearish but approaching the 50-neutral level, indicating strengthening buyers. If XAG/USD climbs past $62.00, the next target is the area near the 50- and 100-day Simple Moving Averages (SMAs) at $64.12 and $64.58, respectively. Above $65.00, there is psychological resistance before confronting the September 22 high of $67.55 and $70.00. A bearish reversal would require Silver to fall below the October 2 low of $59.69, followed by the August 3 low of $56.57 and the July 17 low of $54.77. Silver is a sought-after precious metal for investors, often used as a store of value and medium of exchange, less popular than Gold but a potential hedge in high-inflation periods. It can be bought as physical Silver, coins, bars, or traded through Exchange Traded Funds. Silver prices are influenced by several factors, including geopolitical instability, recession fears, interest rates, the US Dollar, investment demand, mining supply, and recycling rates. It is widely used in industries like electronics and solar energy due to its high electric conductivity, and its price follows Gold's movements. The Gold/Silver ratio may help determine relative valuation between both metals.",
  "summary": "Silver (XAG/USD) price drifts higher by over 1.14% on Monday, even as US Treasury yields rise and the Greenback extends its gains by 0.26%, as per the US Dollar Index (DXY). XAG/USD trades at $61.13, after bouncing off daily lows of $60.36.",
  "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."
}