Silver bias held bearish on September 29, 2026
Silver has pulled back sharply alongside gold, with reports of large one-day value losses as bets on Fed rate hikes increased. The retreat is tied to rising U.S. Treasury yields and a stronger U.S. dollar, amid surging oil prices and Hormuz tensions. Positioning is also in focus ahead of PCE and NFP data, with silver noted as more volatile than gold.
Updated
The reading that day
BearishAt the close of the UTC day.
BearishNeutralBullish
It held all day.
The day on the wire
00:0006:0012:0018:0024:00
The band shows the reading through the day; a mark shows where it changed. Each tick is a headline first seen that day.
The reading through the day
- 00:00Bearish
Headlines (12)
First seen on September 29
- Silver Price Forecast: XAG/USD drops to near $60.50 amid surging oil, Treasury yieldsFXStreet
- Silver remains at risk of further downside as US-Iran talks take centre stageInvestingLive
- Silver Has More Premium to Lose Than Gold as Yields Rise and Industrial Tightness EasesActionForex
- Silver is more volatile than Gold ahead of PCE and NFP. This chart shows the positioning gapFXStreet
- Silver price retreats as rising US yields, Hormuz tensions bolster US DollarFXStreet
Carried over from earlier days
- Market Quick Take - Fresh surge in Crude Oil on Hormuz woes spikes risk sentiment - 28 September 2026home.saxo
- Bitcoin Price Crashes to $82,780 as Gold and Silver Lose $550B in HoursBitcoin.com News
- Gold and Silver Lose $1 Trillion in a Day as Fed Rate Hike Bets RiseBeInCrypto
- Gold and silver prices fall sharply as higher bond yields weigh on metalsCNBC
- Gold’s 7-Week Low: What the Chart Says Happens NextGoldSilver
- The World’s Last Zero-Rate Anchor Is Rising, and Gold Should CareGoldSilver
- Gold falls amid rising oil prices and higher US dollarAl Jazeera
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, September 29 | ||
| HPI m/m | 0.1% | USD |
| S&P/CS Composite-20 HPI y/y | 2.2% | USD |
| CB Consumer Confidence | 89.2 | USD |
| JOLTS Job Openings | 7.23M | USD |
| FOMC Member Bowman Speaks | USD | |
| FOMC Member Barr Speaks | USD | |
| FOMC Member Goolsbee Speaks | USD | |
| FOMC Member Musalem Speaks | USD | |