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HOME > MARKETS > COMMODITIES > SILVER > 2026-05-22
XAGUSDSilver (XAG/USD)
76.27
-0.19%
DATE: 2026-05-22
SUPPORT:72.7769.06
RESISTANCE:80.283.91
Past
What happened
Silver held $76.49 (+9 cents) — sentiment dented by the iShares SLV ETF's 35% plunge headline that ratted retail flows.
Why
Why it matters
HSBC and UBS recently reset 2026 silver targets lower on industrial-demand softness — gold-silver ratio at 59 still favours the yellow metal here.
Watch
What to watch
$75 support is critical — loss opens $72. Reclaim of $80 needed to flip technical momentum back constructive.
Past
What happened
Silver dribbled to $76.27 to cap a flat week stuck inside $75.50-$77.20; the gold/silver ratio at 59x sits above its 5y average, signalling no industrial-demand catch-up bid.
Why
Why it matters
Industrial chatter is fading while safe-haven flows are stalled — silver is following gold lower without conviction, and continued SLV ETF outflows are capping every rebound attempt.
Watch
What to watch
Friday close above $77.20 needed to keep the medium-term uptrend intact. Below $75.50, $74 becomes the next test into next week's PMI cycle.
HEADLINES
2026-05-18ARCHIVEnewer →