Silver bias flipped 4 times to bullish on October 6, 2026
Silver is holding near $61.00 as odds of further Fed rate hikes have declined, with coverage also noting the rare move of gold, silver and the dollar rising together. Attention is also on Deutsche Bank commentary that silver's shortage could flip to a surplus in 2027, alongside broader focus on gold's rebound from a two-month low and the role of central-bank reserves.
Updated
The reading that day
BullishAt the close of the UTC day.
BearishNeutralBullish
It changed 4 times during the 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
- 00:00Weak bearish
- 02:27Neutral
- 11:27Bullish
- 16:48Neutral
- 18:11Bullish
Headlines (11)
First seen on October 6
- Silver Below the Mean: Watching $60.50 Support and $63.40 ResistanceInvesting.com
- Five Moves Are Quietly Rebuilding Gold’s Entire Market StructureGoldSilver
- Gold Fell to a Two-Month Low Today. Then It Rebounded Before Lunch.GoldSilver
Carried over from earlier days
- Top 50 mining companies take $264 billion hit as gold trade unwinds, lithium stocks exitMining.com
- Deutsche Bank's Ghali says gold oversold and underowned, urges buying in interviewInvestingLive
- Silver Price Forecast: XAG/USD gains near $61.00 as Fed rate hike odds declineFXStreet
- Stock Futures Drift As Attention Turns To European Debt CrisisZeroHedge
- Gold and Silver Are Rising Today. So Is the Dollar. That’s Rare.GoldSilver
- Who’s Actually Right About Gold Right Now? Five Signals, Five AnswersGoldSilver
- Silver shortage could flip to surplus in 2027: Deutschenorthernminer.com
- Gold’s Share of Central Bank Reserves Nearly Doubled. A Top Banker Just Explained Why.GoldSilver
Scheduled events
As of
| Event | Forecast | Currency |
|---|---|---|
| Tuesday, October 6 | ||
| ADP Weekly Employment Change | USD | |
| Trade Balance | -100.8B | USD |
| RCM/TIPP Economic Optimism | 44.5 | USD |
| FOMC Member Bowman Speaks | USD | |
| FOMC Member Schmid Speaks | USD | |
| API Weekly Statistical Bulletin | USD | |
| FOMC Member Logan Speaks | USD | |
| Wednesday, October 7 | ||
| FOMC Member Williams Speaks | USD | |