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macroAug 18, 2026, 5:30 PM

Silver Consolidates as Bullish Momentum Fades

Silver (XAG/USD) is trading lower on Tuesday, holding within a week-old range as bullish momentum softens after the recent rally.

XAGUSD

Silver (XAG/USD) edged lower on Tuesday, remaining confined within a trading range that has now lasted about a week. The pullback comes as bullish momentum softens following the metal’s recent rally.

At the time of writing, XAG/USD was trading around $63.96, down 2.77% on the session. The move leaves spot silver in consolidation mode rather than extending higher, with the prior uptrend losing some near-term steam.

Source: FXStreet Forex News