Xag/USD has disrupted about $ 33.00, and has suffered a daily loss since February
- Silver drowns by 1.6 % like the US dollar and promotes a late Friday.
- Xag/USD presses at a weekly level of $ 32.66, and is pressed by expired green returns and high US cabinet revenues.
- Sellers fail to breach support of $ 32.50, while maintaining the negative side at the present time, with major support at $ 31.91 (50 days SMA).
A recovery above $ 33.10 can lead to a late recovery about 33.50 dollars, but the declining momentum is still dominant.
Silver prices have decreased late in the North American session, reaching a weekly level under $ 33.00, which led to its most important loss since February 25, 2025. At the time of this report, Xag/USD trading was at $ 33.03, a decrease of more than 1.6 %, on the strong US dollar (USD).
Xag/USD price expectations: Technical expectations
The silver price fell to a new weekly level of $ 32.66 before some land recovery. Xag/USD is preparing to end the week with losses, although sellers have been unable to scan the level of psychological support of $ 32.50, which could sponsor a $ 32.00 test.
On the negative side, the next main support level is the simple moving average for 50 days (SMA) at $ 31.91, followed by SMA 100 days at $ 319.19. Meanwhile, if the buyers are paid gray above the lowest level on March 20 at $ 33.10, a rally is expected to be a sign of $ 33.50.
Xag/USD PRICE CHART – daily
Common silver questions
Silver is very precious metals circulating among investors. It has been used historically as a value of value and amid exchange. Although it is less popular than gold, merchants may turn to silver to diversify their investment portfolio, compared to its fundamental value or as a possible hedge during high inflation periods. Investors can buy physical silver, in coins or in bars, or circulate through vehicles such as the boxes circulating in Excination, which follow their price on international markets.
Silver prices can move due to a wide range of factors. Geopolitical instability or fears of deep stagnation can make the price of silver escalating due to its safe position, although it is less than gold. As an inappropriate origin, silver tends to rise with low interest rates. Its movements also depend on how the US dollar (USD) is spent as the origin is priced in dollars (XAG/USD). The strong dollar tends to maintain the price of silver in the Gulf, while the dollar is likely to pay the weakest prices. Other factors such as demand for investment and mining offer – silver is much more abundant than gold – recycling rates can also affect prices.
Silver is widely used in the industry, especially in sectors such as electronics or solar energy, as it contains one of the highest electrical conductivity for all minerals – more than copper and gold. High demand in demand can increase prices, while the decline tends to reduce them. The dynamics in the United States and Chinese and Indian economies can contribute to price fluctuations: for the United States, especially China, its large industrial sectors use silver in various operations; In India, consumer demand for the precious jewelry also plays a major role in setting prices.
Silver prices tend to follow gold movements. When gold prices rise, silver usually follows its example, as its position as the similar safe origins. The percentage of gold/silver, which shows the number of ounces of silver needed to equal the value of one ounce of gold, to determine the relative evaluation between both minerals. Some investors may consider a high percentage as an indication that silver is dense with less than its value, or that gold is exaggerated. On the contrary, the low percentage may indicate that gold is less valuable for silver.