On May 6, 2026 (GMT-5), XAG/USD recorded an impressive rebound during the session. Silver jumped from around the $72.00 low to hit a three-week peak near $76.45, before holding firm to settle close to $76.20. The strong upward momentum came amid a notable pullback in the U.S. dollar, declining Treasury yields, improving sentiment over Middle East tensions, and robust industrial buying demand. For the next trading session, the market maintains a bearish bias, with a downside target placed at 76.69.
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