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fxJun 25, 2026, 6:29 AM

Silver (XAG/USD) Hovers at Seven-Month Lows Around $57 Ahead of US Inflation Data

Silver (XAG/USD) trades near $57.00, its lowest in seven months, after a nearly 12% sell-off over the previous two days. Markets await US inflation data for direction.

XAGUSD

Silver (XAG/USD) continues to trade under pressure, hovering at seven-month lows around the $57.00 mark as of Thursday. The precious metal has shed nearly 12% over the past two sessions, reflecting broad risk-off sentiment and positioning ahead of key US inflation figures.

Market participants are now focusing on the upcoming US inflation release, which could influence Federal Reserve policy expectations and drive near-term movements in the dollar-denominated asset. A stronger-than-expected reading may add further downside pressure on silver, while a softer print could offer some relief.

Technically, the $57.00 level remains a critical support zone. A sustained break below could open the door to further losses, while any bounce would first need to reclaim resistance near $58.50.

Source: FXStreet Forex News