Silver (XAGUSD) Price Today — Live Chart and Analysis

Silver priced in US dollars per troy ounce. It is a precious metal and also an industrial metal used in electronics and solar panels, so it follows gold and economic growth.

Buy price

52.18

Sell price

52.15

Silver chart

Price Performance

Information regarding past performance is not a reliable indicator of future performance.

Analysis

Silver fell to about $49 on 30 Oct, below the $50 level and its lowest in about a year, as the Fed's tilt toward more hikes and a drop in industrial demand weighed on it.

About 57% of silver demand comes from industry, and the Silver Institute expects industrial use to fall 3% this year as solar makers use less silver.

Levels for 2 to 6 Nov: Support 46.50 and 45.00. Resistance 50.00 and 52.00.

Next catalyst: US jobs data on 6 Nov

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Silver

XAGUSD

52.165

Instrument CFD
Dynamic Spread 0.03

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