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Silver Prices

Silver Prices have been followed for centuries. Silver (XAG) is a precious metal used in jewelry, silverware, electronics, and currency. Silver prices are widely followed in financial markets around the world. Silver has been traded for thousands of years and was once used for currency backing. Silver continues to be one of the most commonly traded commodities today. Silver prices are highly volatile due to speculation and supply and demand. Ag is the chemical symbol for silver on the periodic table of elements and its ISO currency symbol is XAG.

Silver Price Chart

Silver Trading News, Analysis, and Forecast

Weekly Setups Target Key Opening Ranges in USD, GBP, Gold & Silver
Setups in focus to start the week with USD longs at risk below technical resistance. Here are the updated targets & invalidation levels.
COT-Small Trader Record Short in Euro & Silver Traders are Bamboozled
As of last Tuesday, silver speculators held their largest net long position since February 2008. Of course, silver declined nearly 6% last week (most of it on Thursday). Similar to February and July 2014, positioning continues to ‘get ahead’ of price.
Crude Continues To Crumble, Silver Leads Precious Metals Lower
The commodities space saw a sea of red at the outset of the week as USD gains kept pressure on the precious metals, while supply glut concerns weighed on WTI.
Crude Crumbles On OPEC Inaction Speculation, Silver Slips
WTI has slipped to a fresh 2014 low ahead of the much-anticipated OPEC pow-wow, while the precious metals are facing heightened volatility on thin trading conditions.
Crude Oil Recovery May Be Limited, Silver At A Critical Juncture
Crude’s recovery may be at risk as the broader fundamental backdrop remains unsupportive for a sustained advance, meanwhile silver is testing key technical barriers.
Gold Offered Breathing Room By Light US Docket, WTI Awaits "Breakout"
WTI is keeping traders in suspense near a key technical barrier as negative supply side cues threaten to keep pressure on the commodity.
Gold Exposed As USD Bulls Return, WTI Tests Key 77.00 Barrier
The precious metals may remain under pressure as traders cautiously return to the USD in the aftermath of NFPs, meanwhile crude faces a potential ‘breakout’.
Gold & Silver Remain At Risk After Collapse To Fresh Multi-Year Lows
The precious metals plunged in recent trading with the potential for further USD gains leaving gold and silver at risk of further falls.
Silver Slumps To Fresh 2014 Low, WTI Within Striking Distance Of $80
The precious metals have extended their recent declines and may remain at risk of further weakness amid a high threshold for upcoming US data to disappoint.
Gold May Find Some Relief As The US Dollar’s Bull Run Loses Steam
Gold and silver may be due for a consolidation as their pricing currency the USD begins to show signs of exhaustion amid extreme trader positioning.