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macroJul 22, 2026, 6:11 PM

Silver (XAG/USD) Struggles to Build Momentum Above $60.00

Silver trades with modest gains on Wednesday as the US Dollar pulls back, but upside momentum remains limited due to energy-driven inflation concerns and uncertainty over Fed rate policy.

XAGUSD

Silver (XAG/USD) edged higher on Wednesday, finding support from a slight pullback in the US Dollar. However, the metal has failed to gain strong upward traction as market participants weigh the implications of energy-driven inflation risks on the Federal Reserve's interest rate path.

The lack of decisive momentum keeps the pair in a tight range. Traders remain cautious ahead of further economic data that could clarify the Fed's stance, while energy price volatility continues to cloud the inflation outlook.

Source: FXStreet Forex News