Category: XAGUSD

Fundamental / Economic Backdrop (short term) Silver remains primarily driven by a combination of US dollar dynamics, real yield expectations, and broader risk sentiment. With the Federal Reserve in a late-cycle stance, markets continue to price gradual easing into 2026, keeping real yields capped in the near term. This backdrop remains broadly sup…

Fundamental / Economic Backdrop (short term) Silver remains influenced by a combination of USD dynamics, real yield expectations, and broader risk sentiment. Recent sessions reflect a continuation of precious metals strength, underpinned by ongoing market sensitivity to central bank guidance and inflation persistence. While no immedi…

Fundamental / Economic Backdrop (short term) Silver continues to be driven by a combination of precious-metal safe-haven demand and its industrial metal characteristics. In the near term, macro attention remains on US real yields, USD direction, and broader risk appetite. Persistently elevated inflation expectations and ongoing fiscal uncertainty …

Fundamental / Economic Backdrop (short term) Silver remains driven by a combination of macro liquidity conditions, real yield expectations, USD direction, and industrial demand sentiment. Key short-term drivers: US monetary policy expectations remain a primary influence; any repricing of rate cuts or shifts in real yields d…

Fundamental / Economic Backdrop (short term) Silver at USD 61.25 trades within a macro environment shaped by slowing global industrial momentum, moderating inflation expectations, and a stabilising US yield curve. Recent data indicate softer US manufacturing output and marginal weakening in PMIs across Europe, contributing to firmer …

Fundamental / Economic Backdrop (short term) Silver continues to trade near its recently established historic highs, supported by three main macro themes: 1. Monetary policy expectations The broader precious-metals complex remains underpinned by expectations of further policy easing by major central banks in early 2026. These expe…

Fundamental / Economic Backdrop (short term) Silver continues to be influenced by a combination of macro-monetary conditions, industrial demand dynamics, and broader risk sentiment. Key short-term macro drivers: US monetary policy expectations remain a dominant force. Persisting market expectations for lower real yields and a softer USD …

Fundamental / Economic Backdrop (short term) Recent macroeconomic and structural factors influencing silver: Expectations that the Federal Reserve (Fed) may cut or hold interest rates supportive of lower real yields continue to favour precious metals such as silver. Lower real yields reduce the opportunity cost of holding a non-yielding m…

Fundamental / Economic Backdrop (short term) Recent macroeconomic and structural factors for silver: Expectations of lower interest rates — or at least of stable/declining real yields in major economies — continue to support non-yielding metals such as silver. Lower opportunity cost tends to favour precious metals over yield-bearing a…

Fundamental / Economic Backdrop (short term) Recent macro-economic and market factors shaping silver: Global expectations for slowing interest rates in major economies continue to support demand for non-yielding metals such as silver. Lower real interest rates tend to reduce the opportunity cost of holding precious metals, which supports …