{
  "id": 19370623,
  "title": "Silver Price Forecast: XAG/USD slides as US CPI tops estimates",
  "url": "https://urgent.news/2026/11/10/silver-price-forecast-xag-usd-slides-as-us-cpi-tops-estimates",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-10T17:41:23.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecast-xag-usd-slides-as-us-cpi-tops-estimates-202611101741"
  },
  "original_language": "en",
  "account": "US inflation data released on Tuesday sent Silver (XAG/USD) prices plummeting as the US Dollar (USD) strengthened and US Treasury yields rose. The Consumer Price Index (CPI) surged by 0.4% month-over-month in October, surpassing forecasts but falling short of September's 0.6% gain. Core CPI, excluding food and energy, also increased by 0.3%, matching September's rate and exceeding expectations. Dallas Fed President Lorie Logan warned that the Federal Reserve (Fed) may need \"at least two more 25-basis-point (bps) rate increases\" and that a more rapid pace could be possible this winter. Fed Governor Christopher Waller even suggested a half-point rate hike in December if October's core CPI comes in at \"around 0.3% or higher.\" The CME FedWatch Tool now indicates an 89.2% chance of a 25-bps rate hike in December and a 10.8% probability of a 50-bps increase. Traders remain wary of further Federal Reserve tightening, which tends to push investors away from non-yielding assets like Silver. On a technical level, XAG/USD is under a strong bearish bias, trading below key moving averages and showing a relatively weak Relative Strength Index (RSI) of 38. Immediate support is found at the $50 level, with deeper losses potentially emerging if this level is breached. Resistance appears at the 21-day SMA around $54, followed by the $55 horizontal barrier, beyond which the 100-day SMA at $60.50 and the $65 horizontal level await, leading to the longer-term 200-day SMA near $68.60.",
  "summary": "Silver (XAG/USD) comes under heavy selling pressure on Tuesday as stronger-than-expected US inflation lifts the US Dollar (USD) and pushes US Treasury yields higher. At the time of writing, XAG/USD trades around $51.23, down 3.97% on the day.",
  "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."
}