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fxAug 10, 2026, 8:24 PM

Silver Prices Surge Past $66, XAG/USD Eyes $69 Resistance

Silver rallied over 3% on Monday, hitting a one-month high above $66 despite rising Treasury yields. The XAG/USD pair now targets the $69 level.

XAGUSD

Silver (XAG/USD) rallied more than 3% on Monday, reaching a one-month high of $66.07, even as US Treasury yields rose. The white metal continues its upward momentum, with buyers setting their sights on the $69 resistance level.

At the time of writing, XAG/USD trades near $65.76, maintaining most of the day's gains. The rally comes amid a broader precious metals push, defying typical headwinds from higher yields.

The short-term outlook remains bullish as long as the price holds above recent support. A break above $66.07 could open the door toward the $69 target mentioned by analysts.

Source: FXStreet Forex News