
Silver (XAG) Forecast: Silver Lags Gold as Safe-Haven Buyers Take Control
Silver lags gold as safe-haven flows chase fiscal risk, leaving XAGUSD dependent on a weak dollar, lower yields and this week's PCE report.
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Silver lags gold as safe-haven flows chase fiscal risk, leaving XAGUSD dependent on a weak dollar, lower yields and this week's PCE report.

Bessent steps in on bonds — Yields fall, Gold and Bitcoin rally

Gold price forecast examines XAU/USD's fresh golden cross, recent rally and key technical levels as Fed rate expectations keep volatility in focus.

Sellers have been in-control on USD/CAD for the since the breakdown at 1.4150 support in mid-July, and this pushed the pair into oversold territory on daily RSI for the first time since January, which was followed by a strong bullish push that eventually led to the break back-above the 1.4000 handle. This comes after a dramatic weekend of headlines around tariffs between the U.S. and Canada, with the Canadian Dollar being punished on the prospect of more trade restrictions.

EUR/USD and GBP/USD show signs of exhaustion as the US Dollar rebounds, while USD/CAD rises from 1.3750 support amid US-Canada trade tensions.

Gold has started the week on the front foot, climbing to a high so far of $4680 per ounce. This comes after the precious metal extended its winning streak to three consecutive weeks with another strong advance Friday.

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Silver price analysis focuses on major resistance at $70-$71 as traders watch the US dollar for signals that could shape the next XAG/USD move.

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Gold keeps firm tone and holds near four-month high on Monday, following almost 5% advance last week, with surprise US Treasury's buyback being mainly behind the latest rally.