{
  "id": 7928145,
  "title": "Silver Price Forecast: XAG/USD rises to near $64.00 as oil prices decline",
  "url": "https://urgent.news/2026/09/17/silver-price-forecast-xag-usd-rises-to-near-64-00-as-oil-prices",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T01:59:02.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecast-xag-usd-rises-to-near-6400-as-oil-prices-decline-202609170159"
  },
  "original_language": "en",
  "account": "Silver (XAG/USD) prices climbed slightly on Thursday, trading near $63.80 per troy ounce during Asian market hours. The uptick was attributed to a decline in oil prices, which eased concerns over supply disruptions and inflation. The drop in crude prices was sparked by reports that Saudi Arabia would restore a portion of its East-West pipeline capacity, with full operation expected within six weeks. The pipeline, a key export route bypassing the Strait of Hormuz, was damaged by drone attacks last week. In the interim, Saudi Arabia has accelerated efforts to transport crude through the strait with U.S. military assistance.\n\nHowever, silver may face challenges due to the U.S. Federal Reserve's recent interest rate hike and further increases anticipated before the end of the year. The Fed raised rates by 25 basis points to 3.75%-4.00%, the first increase in three years, as inflation has been persistently high.\n\nTechnical analysis shows a bearish near-term bias for XAG/USD, as the price trades below both the nine- and 50-period Exponential Moving Averages (EMAs). Immediate resistance lies at the nine-period EMA at $64.36, followed by the 50-period EMA at $64.70. A sustained break above these levels could signal a stronger bullish phase. On the downside, support is near the RSI reading of 47, with a deeper price drop and a declining RSI toward 40 likely indicating intensifying bearish pressure for silver.",
  "summary": "Silver price (XAG/USD) gains ground after posting losses the previous day, trading around $63.80 per troy ounce during the Asian hours on Thursday. The white metal finds support as oil prices retreated amid easing concerns over supply disruptions and inflation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "EUR/JPY Price Forecast: Slips below 179.00 as bearish bias prevails",
        "url": "https://urgent.news/2026/09/17/eur-jpy-price-forecast-slips-below-179-00-as-bearish-bias-prevails",
        "published": "2026-09-17T03:43:35.000Z"
      }
    ]
  },
  "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."
}