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fxAug 18, 2026, 11:46 AM

Silver Pulls Back Toward $65 Ahead of Fed Minutes

Silver (XAG/USD) fell about 1.20% on Tuesday to trade near $65.00, holding within a consolidation range as traders await Federal Reserve meeting minutes and assess energy-related risks.

XAGUSD

Silver traded around $65.00 on Tuesday, down 1.20% on the day, after retreating from recent levels. The move left XAG/USD within the consolidation range that has dominated trading for roughly a week.

Traders are watching the upcoming Federal Reserve minutes while energy tensions keep the near-term outlook uncertain. Those opposing forces have kept the metal from establishing a clear direction.

Source: FXStreet Forex News