Silver Price Forecast: Can XAGUSD Break Above $100 as Silver Leads Gold?
By:
Key Points:
- Silver remains resilient despite a stronger U.S. Dollar and higher Treasury yields, supported by strong physical demand from Asia.
- China’s silver demand, retail buying, and solar-sector activity continue to support the bullish outlook for XAGUSD.
- The falling gold-to-silver ratio suggests silver may continue to outpace gold in the next phase of the precious metals rally.
Silver (XAGUSD) has continued its rally despite stronger U.S. Dollar and higher Treasury yields, which shows strong resilience in a difficult macro environment. I think that the combination of strong Chinese demand, sticky inflation and bullish patterns set the stage for silver to challenge $100. This article presents the key macro drivers, the technical structure of silver and the gold-to-silver ratio signals that support the next phase of rally.