Silver Price Holds Near $36.50 After Touching 13-Year Highs Amid Easing Trade Tensions

Silver Price Forecast: XAG/USD Stabilizes Around $36.50 After 13-Year High

Metals Market Update – June 10, 2025

The Silver price (XAG/USD) is seeing modest volatility on Tuesday, hovering near $36.50 during the Asian session after briefly touching a 13-year high of $36.89 on Monday. A cooling in US-China trade tensions is softening the appeal of safe-haven assets like silver, following upbeat signals from both sides after the first day of negotiations in London.

US-China Trade Talks Reduce Market Anxiety

US Treasury Secretary Scott Bessent described Monday’s discussions as a “good meeting,” while Commerce Secretary Howard Lutnick called them “fruitful.” These comments indicate growing optimism that the world’s two largest economies are on track to de-escalate tariff and tech-related conflicts, especially concerning the flow of rare earths and high-tech goods.

Related Insight: How US-China Trade Relations Influence Precious Metals

Negotiations are scheduled to resume at 10:00 a.m. London time on Tuesday, with investors closely monitoring developments for any impact on risk sentiment and metals pricing.

Silver Technical Outlook: Can Bulls Regain Momentum?

Despite breaking a three-day winning streak, silver remains well-supported above $36.00. The failure to sustain Monday’s high suggests some profit-taking and waning haven flows, though broader bullish momentum remains intact in the medium term. A break above $36.90 could open the door toward the $37.50 psychological mark.

Further Reading: XAG/USD Technical Analysis – Key Levels to Watch

Conclusion

Silver (XAG/USD) is consolidating after a strong rally, as positive signals from US-China trade talks ease global market stress. While near-term pressures may persist, long-term fundamentals—including central bank demand and macro uncertainty—still favor a constructive outlook for silver.