{
  "id": 1662685,
  "title": "Silver Price Forecast: XAG/USD remains sideways around $65, FOMC takes centre stage",
  "url": "https://urgent.news/2026/08/18/silver-price-forecast-xag-usd-remains-sideways-around-65-fomc-takes",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-18T07:07:24.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecast-xag-usd-remains-sideways-around-65-fomc-takes-centre-stage-202608180707"
  },
  "original_language": "en",
  "account": "Silver price (XAG/USD) remains stagnant around $65.30 during the European trading session on Tuesday. The metal has been oscillating within a narrow range of $63.50 and $66.80 for a week, as the effects of traders pricing out hawkish Federal Reserve (Fed) predictions have been counterbalanced by de-anchored global inflation expectations due to disrupted energy supply. Analysts do not anticipate an interest rate hike from the Fed during the September meeting, as US economic data for July has been weak. BNY Markets' John Velis highlights that \"December rate hike expectations are diminishing thanks to stable inflation data and a surprise drop in consumer retail spending.\" He notes that \"current expectations for the end of the year show less than a full chance of a hike, while the very next meeting, September 16, has around 30% priced in, down from over 70% at the beginning of August.\" This shift in pricing supports BNY's view of no rate hikes this year, although they acknowledge the risk of geopolitical tensions potentially driving energy prices and headline inflation higher. A further rise in oil prices due to the non-renewal of the US-Iran ceasefire has led to increased global inflation projections, making investors more wary of non-yielding assets like Silver. The primary catalyst for Silver price movement will be the Federal Open Market Committee (FOMC) minutes of the July policy meeting, to be released on Wednesday. XAG/USD is currently trading close to $65.26 for a week, maintaining a bullish bias as it stays above the 20-day Exponential Moving Average (EMA) at $62.53. The Relative Strength Index (14) at 59.32 is positive but not yet in overbought territory, indicating strong upside momentum without signaling exhaustion. Support is expected at the lower end of the previous week's trading range near $63.50, with stronger demand emerging around the 20-day EMA at $62.53. A decisive breakout above the current consolidation could propel Silver prices towards $70.00. Silver is a precious metal with various uses, including as a store of value and medium of exchange. It is less popular than gold but can be a useful diversification tool due to its intrinsic value or potential hedge during high-inflation periods. Investors can acquire physical Silver or trade it through Exchange Traded Funds that track its international market price. Silver prices are influenced by a range of factors, including geopolitical events, interest rates, the US Dollar's performance, investment demand, mining supply, and recycling rates. It is also closely linked to gold prices, and their relative valuation can be assessed through the Gold/Silver ratio.",
  "summary": "Silver price (XAG/USD) continues to trade in a limited range at around $65.30 during the European trading session on Tuesday.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "Silver Price Forecast: XAG/USD falls to near $65.50 amid US-Iran peace uncertainty",
        "url": "https://urgent.news/2026/08/18/silver-price-forecast-xag-usd-falls-to-near-65-50-amid-us-iran-peace",
        "published": "2026-08-18T02:08:51.000Z"
      }
    ]
  },
  "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."
}