Silver (XAG/USD) news & analysis
Silver (XAG/USD) is the price of one troy ounce of silver quoted in US dollars, a precious metal with both investment and industrial demand.
The reading
The news
No clear impulse
Priced in
Not yet priced in
What follows
Nothing worth acting on
Reading as of . Research context, not investment advice. It never tells you what to trade.
How a reading is madeWhy is Silver up or down today?
Silver moved higher with gold and other precious metals as the dollar dipped after Democrats took control of Congress. Reports noted silver up about 10% over three sessions, while gold moved above $4,000. Attention is also on a 2027 surplus forecast and what it means for ETF demand.
Updated
Latest news
Thursday, November 5
Wednesday, November 4
- Gold Surges $132, Silver $2.50, But Here Is The Big OpportunityKing World News
- Post US Election, Gold And Gold Miners Soar In ChinaKing World News
- Futures Rip As Wall Street Buys The Blue Tsunami; Dollar Slides, Gold Tops $4,000ZeroHedge
- Gold, silver and precious metals prices jump, dollar dips as Democrats take control of CongressCNBC
- Silver Price Forecast: XAG/USD rallies vertically as Democrats take control of HousesFXStreet
Upcoming economic events
| Event | Forecast | Currency |
|---|---|---|
| Friday, November 6 | ||
| FOMC Member Logan Speaks | USD | |
| FOMC Member Williams Speaks | USD | |
| Non-Farm Employment Change | 65K | USD |
| Average Hourly Earnings m/m | 0.3% | USD |
| Unemployment Rate | 4.2% | USD |
| FOMC Member Musalem Speaks | USD | |
| Prelim UoM Consumer Sentiment | 48.1 | USD |
| Prelim UoM Inflation Expectations | USD | |
Day by day
55 days on record since September 13, 2026. Each column is one day: the bar is its headlines, the mark is the reading at its close.
Recent days
- Thu, Nov 5Neutral13 headlines. Silver has jumped alongside gold and other precious metals as Democrats taking control of Congress coincided with a dip in the dollar.
- Wed, Nov 4Neutral14 headlines. Silver is trading around the $49 to $50 area, with headlines describing a jump linked to a softer dollar after Democrats took control of Congress and a pullback below $50 amid spreading risk concerns.
- Tue, Nov 3Neutral12 headlines. Silver has seen sharp swings, topping $50 during a rebound in precious metals before falling back below that level and testing support near $48.89.
- Mon, Nov 2Neutral16 headlines. Silver is moving through sharp volatility following a historic crash that took more than $1T from gold and silver markets.
- Sun, Nov 1Neutral10 headlines. Silver plunged with gold as coverage links the move to the Federal Reserve's tightening inflation position and a break of support into Friday trading.
Frequently asked questions
- What is XAG/USD?
- XAG/USD is the price of one troy ounce of silver quoted in US dollars; XAG is the ISO currency code for silver.
- What moves the price of silver?
- Silver is driven by many of the same factors as gold — US real interest rates, the US dollar and safe-haven demand — plus industrial demand from sectors such as electronics and solar panels.
- How is silver different from gold?
- Both are precious metals priced in US dollars, but a larger share of silver demand comes from industry, and its smaller market means its price has historically swung more widely than gold's.
Not investment advice. For informational purposes only.