Silver Price Today: XAG/USD Rises to $36.98 on Thursday

Silver Rate Today: XAG/USD Rises Amid Market Caution

Silver Climbs to $36.98 per Ounce

Silver prices continued their upward momentum on Thursday, with XAG/USD trading at $36.98 per troy ounce, reflecting a 1.14% gain from Wednesday’s level of $36.56.

This increase comes as global markets see mixed sentiment ahead of key US data, pushing investors toward precious metals for safety.

What’s Driving Silver Gains?

• Weak US Dollar: Ongoing weakness in the greenback boosts non-yielding assets like silver.
• Safe-Haven Demand: Uncertainty around upcoming US macroeconomic releases is drawing investors into metals.
• Technical Momentum: Silver has broken past short-term resistance levels, supporting further bullish momentum.

Technical Snapshot

• Current Level: $36.98
• Previous Close: $36.56
• Daily Change: +1.14%
• YTD Performance: Strong upward trend since early 2025

Market Outlook

With the US Nonfarm Payrolls and ISM Services PMI reports due soon, traders are keeping a close eye on XAG/USD for volatility spikes. A weaker-than-expected jobs report could further lift silver, while strong data may limit its upside.

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