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fxJun 18, 2026, 4:09 AM

Silver Price Rises Above $69.00, Remains Below 100-Day SMA

Silver (XAG/USD) rose to near $69.15 during Asian trading on Thursday, supported by positive developments in US-Iran peace talks, but remains capped by the 100-day simple moving average.

XAGUSD

Silver (XAG/USD) edged higher during Asian hours on Thursday, trading near $69.15 after breaching the $69.00 level. The precious metal found buyers following positive signals in US-Iran peace negotiations.

Despite the uptick, silver remains constrained below the 100-day simple moving average (SMA), suggesting that upside momentum may be limited in the near term.

Source: FXStreet Forex News