On March 10, 2026 (GMT-5), XAG/USD staged a robust rally and climbed sharply higher, fueled by increasing safe-haven demand, revived Federal Reserve rate-cut expectations, a depreciating U.S. dollar, and strong industrial demand from solar and EV industries. The metal opened on a strong footing, broke through key resistance levels, recorded an intraday trading range of approximately $84.15 to $89.97, and closed with a notable gain of around 5.3%, backed by aggressive dip-buying, short covering, and tight global silver inventories. Looking ahead, the market outlook for the next session is bearish, with a target price of 89.04.
This is just for learning and sharing purposes—not financial advice! Trade at your own discretion, and you’re fully responsible for any gains or losses.