Silver Price Today: XAG/USD Gains as Bullish Momentum Extends

Silver Price Today: XAG/USD Gains as Bullish Momentum Extends

By tredu.com 6/16/2025

Tredu

Precious metalsXAG/USDSilver price today
Silver Price Today: XAG/USD Gains as Bullish Momentum Extends

Silver Posts Modest Daily Gain; Up 26% YTD

Silver prices (XAG/USD) moved slightly higher at the start of the week, rising 0.29% to $36.41 per troy ounce in early Monday trading, according to data compiled by Tredu. This is up from Friday’s close of $36.30, reflecting continued investor confidence in the precious metal.

The metal has shown strong year-to-date (YTD) performance, climbing 26.02% since the beginning of 2025, driven by safe-haven demand, robust industrial use cases, and global inflationary pressures.

Technical Outlook and Market Sentiment

The positive momentum in XAG/USD continues amid global uncertainty and increasing central bank gold and silver reserves. Analysts note that a strong technical base around the $35.00 level supports further upside if macroeconomic conditions remain favorable.

What's Driving Silver Prices?

  • Weaker US Dollar and dovish Federal Reserve expectations
  • Increased industrial demand, especially from renewable energy sectors
  • Geopolitical tensions supporting precious metals broadly
  • Strong safe-haven flows amid market volatility

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