Home / Forex Treding / Silver Price Forecast: XAG bearish below 200-day SMA, eyes on $61.50

Silver Price Forecast: XAG bearish below 200-day SMA, eyes on $61.50

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Silver price retreats on Thursday by nearly 2%, as the Greenback refreshes year-to-date (YTD) highs, spurred by the Federal Reserve’s hawkish tilt, with nearly half of the board members supporting rate hikes in 2026. The XAG/USD trades at $66.07, after diving from daily highs of $69.85.

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