- Silver (XAG/USD) gains 0.39% to $37.88 amid broad US Dollar weakness; DXY drops over 0.50%.
- Market sentiment lifted by corporate earnings and Apple–Trump joint $100B investment announcement.
- Trump threatens 100% tariffs on foreign-made chips, exempts US-based production.
Silver Price advances during the North American session, up by 0.39% as the Greenback weakens more than 0.50%, as revealed by the US Dollar Index (DXY). At the time of writing, the XAG/USD trades at $37.88 after hitting a low of $37.31.
Sentiment improved due to earnings and Trump’s threat to impose 100% duties on chips. However, an exemption was made for companies producing items in the US, as Apple CEO and Trump announced a fresh $100 billion investment in the country.
XAG/USD Price Forecast: Technical outlook
From a technical perspective, the Silver price is neutral-biased, from a price action…
