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macroJul 9, 2026, 3:16 PM

Silver Price Forecast: XAG/USD Snaps Losing Streak but Stays in Bearish Channel

Silver rebounds from a three-day losing streak on Thursday, supported by a weaker US Dollar and falling Treasury yields, but remains trapped in a bearish channel.

XAGUSD

Silver (XAG/USD) ended a three-day losing streak on Thursday, rising 3.38% to trade around $60.30. The recovery was driven by a mildly weaker US Dollar and a pullback in US Treasury yields.

Despite the bounce, the metal remains stuck in a bearish channel, suggesting that upside may be limited. The price action continues to face resistance within the descending structure.

Source: FXStreet Forex News