XAGUSDSilver (XAG/USD)
85.42
-3.91%
SUPPORT:84.5381.36
RESISTANCE:90.8894.05
Past
What happened
Silver dropped 1.3% to $87.71, underperforming gold as the gold-silver ratio widened on profit-taking in industrial metals.
Why
Why it matters
Silver's dual identity hurts here — industrial demand uncertainty from US-China tensions offsets monetary haven support, while the AI-driven solar panel build-out trade pauses for breath.
Watch
What to watch
China industrial production data Friday and the Trump-Xi tariff discussions will determine if silver's industrial bid resumes or fades.
Past
What happened
Silver dumped 3.9% to $85.42, sharply underperforming gold as the ratio widened — industrial-metal positioning unwound on China demand concerns.
Why
Why it matters
The AI build-out narrative is taking a breather while traders de-risk ahead of the Trump-Xi readout — silver always cracks first when the industrial-vs-haven split widens.
Watch
What to watch
$84.50 is the key prior pivot; a hold there with positive China headlines opens a reversion to $88, otherwise $82 is the next demand zone.
HEADLINES
- Gold and silver prices today, Wednesday, May 13: Silver prices surge again, gold sits tightYahoo Personal Finance
- Silver is joining copper in the AI build-out trade: Chart of the DayYahoo Finance
- Americas Gold & Silver (USAS) Announces High-Grade Silver-Copper Discovery at Galena ComplexInsider Monkey
- Gold and silver prices today, Thursday, May 14: Gold holds, silver stays strongYahoo Personal Finance
- India caps duty-free gold imports for jewellery exporters to curb demandReuters
- Upside Gold to add 273 hectares of ground, with strong history of gold and silver production, to Kena Gold ProjectSimply Wall St.