{
  "id": 793931,
  "title": "Silver Price Forecast: Momentum cools as XAG/USD consolidates above 50-day SMA",
  "url": "https://urgent.news/2026/08/13/silver-price-forecast-momentum-cools-as-xag-usd-consolidates-above-50",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-13T18:10:41.000Z",
  "source": {
    "name": "FXStreet",
    "slug": "fxstreet",
    "url": "https://www.fxstreet.com/news/silver-price-forecast-momentum-cools-as-xag-usd-consolidates-above-50-day-sma-202608131810"
  },
  "original_language": "en",
  "account": "Silver prices cooled on Thursday as the XAG/USD pair consolidated above the 50-day Simple Moving Average (SMA), settling around $64.00, down 0.80% for the day. The metal's modest decline came despite the latest U.S. inflation data, which dampened expectations of an imminent Federal Reserve rate hike. This sentiment, combined with fading momentum indicators, suggests a period of consolidation before a potential directional move for Silver. Traders appear hesitant to chase the precious metal higher, as the U.S. Dollar (USD) remains supported near the upper end of its recent range, adding pressure to the metal's price. XAG/USD trades above the 50-day SMA at $61.42, after bouncing strongly from the mid-$50s. Momentum indicators indicate that Silver could enter a consolidation phase before its next move. The Relative Strength Index (RSI) has dropped to 58, while the Moving Average Convergence Divergence (MACD) remains positive but its histogram bars are diminishing. The Average Directional Index (ADX) at 27 suggests the uptrend is developing but lacks strong conviction. Initial resistance lies at the 100-day SMA at $68.80, followed by the 200-day SMA at $71.56. On the downside, immediate support is found at the 50-day SMA at $61.42, with the $60.00 psychological mark next. A deeper pullback could expose the $55.00 horizontal support area. Silver is a precious metal used as a store of value and a medium of exchange, historically. While less popular than gold, investors may turn to Silver for portfolio diversification, intrinsic value, or as a hedge during high-inflation periods. Silver prices are influenced by factors such as geopolitical instability, economic uncertainty, the U.S. Dollar's strength, investment demand, mining supply, and recycling rates. It is also closely linked to Gold's price movements, with their relative valuation often determined by the Gold/Silver ratio.",
  "summary": "Silver trades modestly lower on Thursday, holding within Monday’s trading range as buyers take a breather following the strong rally seen at the start of the month.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "FXStreet",
        "title": "USD/MXN Price Forecast: Bears eye 17.00 as downtrend stretches",
        "url": "https://urgent.news/2026/08/13/usd-mxn-price-forecast-bears-eye-17-00-as-downtrend-stretches",
        "published": "2026-08-13T19:40:22.000Z"
      }
    ]
  },
  "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."
}