Silver (XAG) Price Today, Forecasts & News

Silver
XAG
Closed
31.499
+1.8244 (+6.15%)
in:USD•As of: May 17, 2024 00:00 UTC
Prev. Close
29.675
High
31.599
Low
29.463

Stats

Prev. Close

29.675

High

31.599

Low

29.463

Ask

31.506

Bid

31.493

Spread

0.0130

Price Drivers

Positive

EUR/USD

Gold

S&P Technology Sector

Value:$1.08710

Stronger EUR/USD is bullish for all dollar-denominated precious metals including silver.

Negative

Europe Consumer Services Index

Gold/Silver

Value:$1,803.77

Weak U.S. Consumer Discrationary Sector is bearish for silver as silver is used in jewelry.

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Economic CalendarAll Events

Time zone: GMT

Friday, May 17th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
14:15	USD	Fed Waller Speech	Medium
16:00	RUB	GDP Growth Rate YoY PrelQ1	Medium	5.4%	5.3%	4.9%
16:00	RUB	Inflation Rate YoYApr	Medium	7.8%	7.8%	7.7%
16:00	RUB	Inflation Rate MoMApr	Medium	0.5%	0.5%	0.4%

Saturday, May 18th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
21:45	USD	Fed Kugler Speech	Medium

Sunday, May 19th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
19:30	USD	Fed Chair Powell Speech	High

Monday, May 20th 2024
Time	Currency	Event	Impact	Actual	Consensus	Previous
01:15	CNY	Loan Prime Rate 5YMay	Medium		3.95%	3.95%

Latest News

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Read All

Commodities

Silver

Positive

Negative

Here’s Why The Booming AI Revolution Makes This Commodity A Compelling Buy

Gold May Test The $2500 Level In May

Gold, Silver, Platinum Forecasts – Gold Tests The $2400 Level

Silver Weekly Price Forecast – Silver Continues to Squeeze Short Sellers

Silver Price Forecast – Surging Chinese Demand Could Trigger Immediate Price Spike

Silver Price Forecast – Silver Continues to go Straight up in The Air

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