{
  "id": 13024851,
  "title": "Silver Price Forecast: XAG/USD rises above $60.00 as inflation fears ease",
  "url": "https://urgent.news/2026/10/09/silver-price-forecast-xag-usd-rises-above-60-00-as-inflation-fears",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-09T03:18:11.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecast-xag-usd-rises-above-6000-as-inflation-fears-ease-202610090318"
  },
  "original_language": "en",
  "account": "Silver price (XAG/USD) surged above $60.00 during Asian trading hours on Friday after three days of losses, trading at $60.10 per troy ounce. A decline in oil prices helped ease inflationary concerns and reduced expectations of a Federal Reserve rate hike, supporting non-yielding Silver. US President Donald Trump announced productive discussions with Iran on social media, signaling a potential de-escalation of tensions and easing oil prices. The chance of a 25 basis points (bps) interest rate hike at the Federal Reserve's policy meeting later this month dropped from 38% to 17.7%, down from 38% a week ago. This shift in market expectations, coupled with hawkish statements from Federal Reserve officials, provided support for Silver's rally. Technical analysis suggests a bearish near-term bias for Silver, with the price still under both short-term and medium-term Exponential Moving Averages (EMAs). However, a sustained break above the 50-period EMA around $63.39 could signal a more constructive recovery.",
  "summary": "Silver price (XAG/USD) gains ground after three days of losses, trading around $60.10 per troy ounce during Asian hours on Friday. Non-yielding Silver gains support as a decline in oil prices eases inflationary concerns and Fed rate hike expectations.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "GBP/JPY Price Forecast: Struggles at 209.00 as bearish-engulfing looms",
        "url": "https://urgent.news/2026/10/08/gbp-jpy-price-forecast-struggles-at-209-00-as-bearish-engulfing-looms",
        "published": "2026-10-08T21:23:59.000Z"
      }
    ]
  },
  "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."
}