XAGUSDSilver (XAG/USD)
77.55
-8.67%
SUPPORT:75.8172.05
RESISTANCE:79.5883.34
Past
What happened
Silver settled at 77.55 Friday, down 8.7% on the week — silver's classic 'leveraged gold' move, amplified by UBS resetting its 2026 target and India curbing select imports.
Why
Why it matters
Silver still has the AI-buildout demand story (solar, EV power electronics), but in a yield-up tape it's the first speculative position to get cut. The macro de-rating is faster than the industrial re-rating.
Watch
What to watch
75.81 is the technical floor that held the last three sessions; a break opens 72.00. UBS commentary follow-through and any tariff-relief signal from India are the two near-term catalysts.
HEADLINES