{
  "id": 12915935,
  "title": "Silver Price Forecast: XAG/USD slides below $60 as sellers retain control",
  "url": "https://urgent.news/2026/10/08/silver-price-forecast-xag-usd-slides-below-60-as-sellers-retain",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-08T15:18:58.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecast-xag-usd-slides-below-60-as-sellers-retain-control-202610081518"
  },
  "original_language": "en",
  "account": "Silver (XAG/USD) continued to decline on Thursday, falling below the $60 psychological level as sellers maintained control. The Relative Strength Index (RSI) moved closer to an oversold position, while the US Dollar and US Treasury yields displayed easing trends. XAG/USD was trading at around $58.83, a 1.87% decrease for the day and nearing two-month lows. The 10-year US Treasury yield softened to 5.30%, approaching multi-year highs amid inflation concerns and expectations of further Federal Reserve rate hikes. With technical indicators showing bearish momentum, XAG/USD remained below key moving averages, with resistance at the $60 level and support at $55.00.",
  "summary": "Silver (XAG/USD) remains under pressure on Thursday even as the US Dollar (USD) and US Treasury yields ease. Sellers remain in control after a break below the $60 psychological mark, with the Relative Strength Index (RSI) drifting toward oversold territory.",
  "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."
}