{"id":43080,"date":"2025-09-01T11:37:10","date_gmt":"2025-09-01T11:37:10","guid":{"rendered":"https:\/\/quickassetsmarket.com\/index.php\/2025\/09\/01\/silver-price-forecast-heres-why-xag-is-rising-and-what-next\/"},"modified":"2025-09-01T11:37:10","modified_gmt":"2025-09-01T11:37:10","slug":"silver-price-forecast-heres-why-xag-is-rising-and-what-next","status":"publish","type":"post","link":"https:\/\/quickassetsmarket.com\/index.php\/2025\/09\/01\/silver-price-forecast-heres-why-xag-is-rising-and-what-next\/","title":{"rendered":"Silver price forecast: here\u2019s why XAG is rising and what next"},"content":{"rendered":"<div><\/div>\n<p>Silver price continued its strong bull run, reaching its highest level in over a decade as investors piled into precious and industrial metals. XAG jumped to 40.4 on Monday morning, crossing the important resistance level at $39.51, its highest point in June.<\/p>\n<h2 class=\"wp-block-heading\">Why silver price is soaring<\/h2>\n<p>Silver price jumped as investors rotated back to industrial and precious metals. Copper, often seen as a bellwether for the global economy, jumped to $10,000 a ton, continuing a trend that started a few months ago.&nbsp;<\/p>\n<p>Similarly, gold price has risen in the past five consecutive days, reaching a high of $3,478, its highest level since April and a few points below the all-time high of $3,496.&nbsp;<\/p>\n<p>Silver price jumped as investors boost their bets that the <a href=\"https:\/\/invezz.com\/news\/2025\/08\/28\/silver-price-analysis-levels-to-watch-as-it-breaks-out\/\">Federal Reserve will start cutting interest rates<\/a> this month. Jerome Powell, the Fed Chair, has already hinted that the bank will cut in September, citing the worsening labor market.&nbsp;<\/p>\n<p>The most recent numbers showed that the economy added 73,000 jobs in July. This increase led to a jump in the unemployment rate, which rose to 4.2%.<\/p>\n<p>The labor market has deteriorated in the past few months, with job additions averaging 35,000 in May and June, marking the worst performance since the COVID-19 pandemic.&nbsp;<\/p>\n<p>Gold and precious metals like silver do well when the Fed is slashing interest rates as this lowers the performance of the US dollar index (DXY).<\/p>\n<p>Silver has also jumped as demand from American investors rise. Data shows that the iShare Silver Trust (SLV) had inflows in the last three consecutive week.&nbsp;<\/p>\n<p>It added $25.6 million last week after adding $263 million the week before. Its total inflows jumped to $1.2 billion this year, bringing its total assets to over $18.7 billion.&nbsp;<\/p>\n<p>Most importantly, as an industrial metal, silver also benefited from the recent <a href=\"https:\/\/invezz.com\/news\/2025\/08\/31\/usd-cny-forecast-as-chinas-renminbi-growth-accelerated\/\">Chinese data<\/a>. A report released on Sunday showed that the manufacturing PMI rose to 49.5 in August, up from 49.4 in the previous month.&nbsp;<\/p>\n<p>While the PMI remained at the contraction zone, it has made some improvement in the past few months. This is happening at a time when the industry is in the fifth year of supply deficits.<\/p>\n<h2 class=\"wp-block-heading\">Silver price technical analysis&nbsp;<\/h2>\n<figure class=\"wp-block-image inv-component-break-container size-large\"><figcaption class=\"wp-element-caption\">XAG price chart | Source: TradingView<\/figcaption><\/figure>\n<p>The daily chart shows that silver has been in a strong bull run in the past few months. Its rally has accelerated after soaring in the last three consecutive days.<\/p>\n<p>Silver price has moved above the key resistance level at $39.52, its highest level on July 23rd this year.<\/p>\n<p>It has moved above all moving averages and tested the strong pivot reverse point of the Murrey Math Lines at $40.62.&nbsp;<\/p>\n<p>Top oscillators like the Relative Strength Index (RSI) and the MACD indicators have continued soaring, a sign of strong momentum.<\/p>\n<p>Therefore, silver will likely continue rising, with the next key resistance level to watch being at $46.87, the extreme overshoot level, which is 16% above the current level. A drop below the support at $39.5 will invalidate the bullish forecast.<\/p>\n<p>Read more: <a href=\"https:\/\/invezz.com\/news\/2025\/08\/29\/july-pce-inflation-climbs-to-5-month-high-levels-will-the-fed-still-cut-rates\/\">July PCE inflation climbs to 5-month high levels: will the Fed still cut rates?<\/a><\/p>\n<p>The post <a href=\"https:\/\/invezz.com\/news\/2025\/09\/01\/silver-price-forecast-heres-why-xag-is-rising-and-what-next\/\">Silver price forecast: here\u2019s why XAG is rising and what next<\/a> appeared first on <a href=\"https:\/\/invezz.com\/\">Invezz<\/a><\/p>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Silver price continued its strong bull run, reaching its highest level in over a decade as investors piled into precious and industrial metals. XAG jumped to 40.4 on Monday morning, crossing the important resistance level at $39.51, its highest point in June. Why silver price is soaring Silver price jumped as investors rotated back to <\/p>\n","protected":false},"author":1,"featured_media":43081,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":{"0":"post-43080","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-world"},"_links":{"self":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/43080","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/comments?post=43080"}],"version-history":[{"count":0,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/posts\/43080\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media\/43081"}],"wp:attachment":[{"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/media?parent=43080"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/categories?post=43080"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/quickassetsmarket.com\/index.php\/wp-json\/wp\/v2\/tags?post=43080"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}